AFLAX Fees and Costs — Anfield Universal Fixed Income Fund
Data updated: 2026-03-13
The net expense ratio is 1.24% (1.30% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 42%.
AFLAX Fees and Expenses
Annual operating expenses and sales charges of AFLAX. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | — |
| Gross expense ratio | 1.30% |
| Fee waiver | −0.06% |
| Net expense ratio | 1.24% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
AFLAX Costs Over Time
On $10,000 invested in AFLAX, assuming 5% a year before costs, total costs come to $772 over 5 years, cutting the return by 1.30% 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 1.24%) | $130 | $405 | $701 |
| Lost growth on money paid in costs | $0 | $20 | $71 |
| Total costs | $130 | $425 | $772 |
| Value after costs | $10,370 | $11,151 | $11,991 |
| Impact on return, per year | 1.30% | 1.30% | 1.30% |
Anfield Universal Fixed Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AFLIX | C000272174 | 0.99% | — |
| AFLNX | C000272175 | 1.09% | — |
| AFLAX | C000272173 | 1.24% | — |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.