ATACX Fees and Costs — ATAC Rotation Fund, Investor Class
Data updated: 2026-07-29
The net expense ratio is 1.87% (2.43% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $110K in broker commissions, 0.2119% of average net assets, and portfolio turnover was 1327%.
ATACX Fees and Expenses
Annual operating expenses and sales charges of ATACX. Prospectus, as of December 22, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.25% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.75% |
| Gross expense ratio | 2.43% |
| Fee waiver | −0.56% |
| Net expense ratio | 1.87% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
ATACX Costs Over Time
On $10,000 invested in ATACX, assuming 5% a year before costs, total costs come to $1,274 over 5 years, cutting the return by 2.19% 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 1.87%) | $196 | $606 | $1,039 |
| Trading costs (broker commissions) | $22 | $69 | $118 |
| Lost growth on money paid in costs | $0 | $34 | $118 |
| Total costs | $219 | $708 | $1,274 |
| Value after costs | $10,281 | $10,868 | $11,488 |
| Impact on return, per year | 2.19% | 2.19% | 2.19% |
ATACX 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): 0.2119%
- Total broker commissions: $110K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 1327%
- Securities lending: none during the year
ATACX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $85K | 77.52% |
| TELSEY ADVISORY GROUP LLC | $16K | 14.78% |
| MISCHLER FINANCIAL GROUP, INC. | $8K | 7.30% |
| PERSHING LLC | $450 | 0.41% |
ATAC Rotation Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ATCIX | Institutional Class | 1.62% | none |
| ATACX | Investor Class | 1.87% | 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.