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Harbor International Small Cap Fund in registration
a-ha. I hope some brokerage has it. I had to exit my OAKEX position and can't get back in. Maybe this will start at the exact "when you buy vs what you buy moment".
Interesting. Under fees and expenses, it lists a management fee of 0.85%, a (puke) 12b-1 fee for "distribution and/or service" of 0.25%, other fees etc. (left blank, as is the new typical), and then a total fee (after reimbursement, unstated) of 1.32%. OK, so far, par for the course, so to speak.
Under "Choosing a Share Class", we find something added for Investor Class: a 12b-1 fee of up to 0.25% and a transfer agent fee of up to 0.18%. Hmmm, doesn't the former usually take care of the latter? Well, hell, while you're larding it on, Harbor, why don't you just toss in a utilities services charge--- water and sewer, heating, electric ('cause those lights don't stay on all by themselves, you know?)--- and maybe a portion of the long-term lease you carry for office space rental? Fair to share..... because "mutual."
Comments
http://www.barings.com/ucm/groups/public/documents/marketingmaterials/131831.pdf
You can still purchase OAKEX provided you buy it directly from Oakmark and you are still interested in it.
Under "Choosing a Share Class", we find something added for Investor Class: a 12b-1 fee of up to 0.25% and a transfer agent fee of up to 0.18%. Hmmm, doesn't the former usually take care of the latter? Well, hell, while you're larding it on, Harbor, why don't you just toss in a utilities services charge--- water and sewer, heating, electric ('cause those lights don't stay on all by themselves, you know?)--- and maybe a portion of the long-term lease you carry for office space rental? Fair to share..... because "mutual."
e.g. https://astonfunds.com/funds/aston-barings-international-fund