WTMIX Fees and Costs — Segall Bryant & Hamill Micro Cap Fund, Retail Class
Data updated: 2020-06-01
The net expense ratio is 1.05%: a 0.80% management fee plus 1.19% other expenses, less a 0.94% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $28K in broker commissions, 0.8199% of average net assets, and portfolio turnover was 87%.
WTMIX Fees and Expenses
Annual operating expenses and sales charges of WTMIX. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.19% |
| Gross expense ratio | 1.99% |
| Fee waiver | −0.94% |
| Net expense ratio | 1.05% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
WTMIX Costs Over Time
On $10,000 invested in WTMIX, assuming 5% a year before costs, total costs come to $1,149 over 5 years, cutting the return by 1.96% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.05%) | $110 | $341 | $586 |
| Trading costs (broker commissions) | $86 | $266 | $457 |
| Lost growth on money paid in costs | $0 | $30 | $106 |
| Total costs | $196 | $637 | $1,149 |
| Value after costs | $10,304 | $10,939 | $11,613 |
| Impact on return, per year | 1.96% | 1.96% | 1.96% |
WTMIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.8199%
- Total broker commissions: $28K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 87%
- Securities lending: none during the year
WTMIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $15K | 53.34% |
| GOLDMAN, SACHS & CO. | $8K | 28.21% |
| JEFFERIES LLC | $4K | 14.97% |
| RBC CAPITAL MARKETS LLC | $370 | 1.31% |
| BARCLAYS CAPITAL, INC. | $357 | 1.27% |
| MACQUARIE CAPITAL (USA) INC. | $252 | 0.89% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.