ATAFX Fees and Costs — American Trust Allegiance Fund, Investor Class
Data updated: 2023-07-17
The net expense ratio is 1.29%: a 0.95% management fee plus 0.94% other expenses, less a 0.60% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $14K in broker commissions, 0.0520% of average net assets, and portfolio turnover was 14%.
ATAFX Fees and Expenses
Annual operating expenses and sales charges of ATAFX. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | — |
| Other expenses | 0.94% |
| Gross expense ratio | 1.89% |
| Fee waiver | −0.60% |
| Net expense ratio | 1.29% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
ATAFX Costs Over Time
On $10,000 invested in ATAFX, assuming 5% a year before costs, total costs come to $834 over 5 years, cutting the return by 1.41% 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 1.29%) | $135 | $421 | $728 |
| Trading costs (broker commissions) | $5 | $17 | $29 |
| Lost growth on money paid in costs | $0 | $22 | $77 |
| Total costs | $141 | $460 | $834 |
| Value after costs | $10,359 | $11,116 | $11,929 |
| Impact on return, per year | 1.41% | 1.41% | 1.41% |
ATAFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0520%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 14%
- Securities lending: none during the year
ATAFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $14K | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.