ATRFX Fees and Costs — Catalyst Systematic Alpha Fund, Class I
Data updated: 2026-09-11
The net expense ratio is 1.85%. There are no sales loads or redemption fees. Portfolio turnover was 20%.
ATRFX Fees and Expenses
Annual operating expenses and sales charges of ATRFX. Prospectus, as of November 1, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.27% |
| Gross expense ratio | 1.85% |
| Fee waiver | — |
| Net expense ratio | 1.85% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
ATRFX Costs Over Time
On $10,000 invested in ATRFX, assuming 5% a year before costs, total costs come to $1,138 over 5 years, cutting the return by 1.94% 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 1.85%) | $194 | $601 | $1,032 |
| Lost growth on money paid in costs | $0 | $30 | $105 |
| Total costs | $194 | $631 | $1,138 |
| Value after costs | $10,306 | $10,946 | $11,625 |
| Impact on return, per year | 1.94% | 1.94% | 1.94% |
ATRFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $151.7M
- Portfolio turnover (prospectus): 20%
- Securities lending: none during the year
ATRFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| US Bancorp | $107.7M | 70.97% |
| MarketAxess Corp | $27.7M | 18.25% |
| Dinosaur Financial Group LLC | $16.4M | 10.78% |
Catalyst Systematic Alpha Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ATRFX | Class I | 1.85% | none |
| ATRAX | Class A | 2.10% | 5.75% |
| ATRCX | Class C | 2.85% | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.