ARAFX Fees and Costs — Aristotle International Equity Fund, Class A
Data updated: 2026-08-26
The net expense ratio is 1.04%: a 0.78% management fee, a 0.25% 12b-1 fee plus 0.01% other expenses. This share class carries a maximum front-end sales load of 4.25%. In fiscal 2026 the fund paid $136K in broker commissions, 0.0238% of average net assets, and portfolio turnover was 17%.
ARAFX Fees and Expenses
Annual operating expenses and sales charges of ARAFX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.78% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.01% |
| Gross expense ratio | 1.04% |
| Fee waiver | — |
| Net expense ratio | 1.04% |
| Sales charges | |
|---|---|
| Max front load | 4.25% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
ARAFX Costs Over Time
On $10,000 invested in ARAFX, assuming 5% a year before costs, total costs come to $1,179 over 5 years, cutting the return by 2.02% 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 |
| Sales charges | $425 | $425 | $425 |
| Fund expenses (net expense ratio 1.04%) | $105 | $326 | $565 |
| Trading costs (broker commissions) | $2 | $7 | $13 |
| Lost growth on money paid in costs | $21 | $84 | $176 |
| Total costs | $553 | $842 | $1,179 |
| Value after costs | $9,947 | $10,734 | $11,584 |
| Impact on return, per year | 5.53% | 2.61% | 2.02% |
ARAFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0238%
- Total broker commissions: $136K
- Bought from dealers (principal trades, not a cost): $1
- Portfolio turnover (prospectus): 17%
- Securities on loan, average value: $24
- Net income from securities lending: —
ARAFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $47K | 34.97% |
| INSTINET LLC | $24K | 18.04% |
| J.P. MORGAN SECURITIES LLC | $23K | 17.06% |
| MORGAN STANLEY & CO. LLC | $16K | 12.02% |
| SG AMERICAS SECURITIES LLC | $12K | 8.83% |
| KEPLER CAPITAL MARKETS INC. | $5K | 3.76% |
| UBS ASSET MANAGEMENT (US) INC. | $4K | 2.99% |
| EXANE INC. | $2K | 1.29% |
| UBS SECURITIES LLC | $710 | 0.53% |
| CITIGROUP GLOBAL MARKETS INC. | $684 | 0.51% |
ARAFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $1 | 100.00% |
Aristotle International Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AIFFX | Class I-2 | 0.79% | none |
| ARIFX | Class I | 0.79% | none |
| ARAFX | Class A | 1.04% | 4.25% |
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.