Expense Ratio History

LRIIX expense ratio history

LEGAL & GENERAL RETIREMENT INCOME 2040 FUND, Institutional Shares

Fund company
Advisors' Inner Circle
Type
Mutual fund

0.73%

In basis points
73 basis points
Yearly cost per $10,000
$73
Prospectus dated
1 March 2022, filed with the SEC; rounded to 0.01%

Fee over time

LRIIX expense ratio: read at 0.73% on 1 Mar 2022.0.00%0.50%1.00%1.50%Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 20220.73% on 1 Mar 2022
LRIIX expense ratio: read at 0.73% on 1 Mar 2022.0.00%0.50%1.00%1.50%Dec 2020Jun 2021Dec 20210.73% on 1 Mar 2022
Each dot is a prospectus filed with the SEC or a date we read the fee from a source. The fee hasn't changed between them.

Share classes

The same fund is sold as 3 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
LRIIX (this page) Institutional Shares 0.73% 0.20% 1 Mar 2022
LRIWX W Shares 0.68% 0.15% 1 Mar 2022
LRIZX R6 Shares 0.78% 0.25% 1 Mar 2022

Every figure we've recorded

DateFeeWhat happened
1 Mar 2022 0.73% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Feb 2021 0.73% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-02-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
21 Dec 2020 0.73% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-12-21 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.73% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$909 in fees over 10 years

After fees, $10,000 grows to $15,165.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$75
3 years$234
5 years$407
10 years$909

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 3 prospectuses for this share class since 2020. Each one is listed above with a link to the filing.

How we read fees

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