AAMIX Fees and Costs — Absolute Capital Asset Allocator Fund, Institutional Class
Data updated: 2026-08-26
The net expense ratio is 1.57%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $6K in broker commissions, 0.0115% of average net assets, and portfolio turnover was 78%.
AAMIX Fees and Expenses
Annual operating expenses and sales charges of AAMIX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.51% |
| Gross expense ratio | 1.57% |
| Fee waiver | — |
| Net expense ratio | 1.57% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
AAMIX Costs Over Time
On $10,000 invested in AAMIX, assuming 5% a year before costs, total costs come to $978 over 5 years, cutting the return by 1.66% 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 1.57%) | $165 | $511 | $881 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $26 | $90 |
| Total costs | $166 | $541 | $978 |
| Value after costs | $10,334 | $11,036 | $11,785 |
| Impact on return, per year | 1.66% | 1.66% | 1.66% |
AAMIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0115%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $24.2M
- Portfolio turnover (prospectus): 78%
- Securities lending: none during the year
AAMIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GTS Mischler | $6K | 100.00% |
AAMIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GTS Mischler | $24.2M | 100.00% |
Absolute Capital Asset Allocator Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AAMIX | Institutional Class | 1.57% | none |
| AAMAX | Class A | 1.82% | 5.75% |
| AAMCX | Investor Class | 2.66% | none |
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.