AFOCX Fees and Costs — Archer Focus Fund, N/a Class
Data updated: 2026-07-29
The net expense ratio is 0.98%: a 0.50% management fee plus 1.10% other expenses, less a 0.62% fee waiver. This share class carries a redemption fee of 1.00%. In fiscal 2025 the fund paid $262 in broker commissions, 0.0024% of average net assets, and portfolio turnover was 56%.
AFOCX Fees and Expenses
Annual operating expenses and sales charges of AFOCX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.10% |
| Gross expense ratio | 1.60% |
| Fee waiver | −0.62% |
| Net expense ratio | 0.98% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
AFOCX Costs Over Time
On $10,000 invested in AFOCX, assuming 5% a year before costs, total costs come to $615 over 5 years, cutting the return by 1.03% 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 0.98%) | $103 | $321 | $557 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $103 | $338 | $615 |
| Value after costs | $10,397 | $11,238 | $12,148 |
| Impact on return, per year | 1.03% | 1.03% | 1.03% |
AFOCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0024%
- Total broker commissions: $262
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 56%
- Securities lending: none during the year
AFOCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $262 | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.