AADGX Fees and Costs — Aasgard Small & Mid-Cap Fund, No Load Class
Data updated: 2022-02-25
The net expense ratio is 1.00%: a 0.85% management fee plus 0.38% other expenses, less a 0.23% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $2K in broker commissions, 0.0034% of average net assets, and portfolio turnover was 70%.
AADGX Fees and Expenses
Annual operating expenses and sales charges of AADGX. Prospectus, as of July 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | — |
| Other expenses | 0.38% |
| Gross expense ratio | 1.23% |
| Fee waiver | −0.23% |
| Net expense ratio | 1.00% |
| 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 | Yes |
AADGX Costs Over Time
On $10,000 invested in AADGX, assuming 5% a year before costs, total costs come to $628 over 5 years, cutting the return by 1.05% 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 1.00%) | $105 | $328 | $568 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $16 | $58 |
| Total costs | $105 | $345 | $628 |
| Value after costs | $10,395 | $11,231 | $12,135 |
| Impact on return, per year | 1.05% | 1.05% | 1.05% |
AADGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0034%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $34.6M
- Portfolio turnover (prospectus): 70%
- Securities lending: none during the year
AADGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Charles Schwab & Company, Inc. | $2K | 100.00% |
AADGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Charles Schwab & Company, Inc. | $34.6M | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.