WTSDX Fees and Costs — Segall Bryant & Hamill Smid Cap Value Dividend Fund, Retail Class
Data updated: 2019-11-27
The net expense ratio is 1.05%: a 0.80% management fee plus 7.72% other expenses, less a 7.47% fee waiver. There are no sales loads or redemption fees. In fiscal 2018 the fund paid $2K in broker commissions, 0.2861% of average net assets, and portfolio turnover was 112%.
WTSDX Fees and Expenses
Annual operating expenses and sales charges of WTSDX. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 7.72% |
| Gross expense ratio | 8.52% |
| Fee waiver | −7.47% |
| 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 |
WTSDX Costs Over Time
On $10,000 invested in WTSDX, assuming 5% a year before costs, total costs come to $830 over 5 years, cutting the return by 1.40% 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 | $343 | $592 |
| Trading costs (broker commissions) | $30 | $93 | $161 |
| Lost growth on money paid in costs | $0 | $22 | $76 |
| Total costs | $140 | $458 | $830 |
| Value after costs | $10,360 | $11,118 | $11,933 |
| Impact on return, per year | 1.40% | 1.40% | 1.40% |
WTSDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2018.
- Explicit cost rate (commissions ÷ average net assets): 0.2861%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 112%
- Securities lending: none during the year
WTSDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays | $874 | 35.23% |
| Jefferies | $735 | 29.63% |
| Cowen Group | $644 | 25.96% |
| Goldman Sachs | $220 | 8.87% |
| Citigroup | $8 | 0.32% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.