AUXIX Fees and Costs — Auxier Focus Fund, Institutional Shares
Data updated: 2026-08-26
The net expense ratio is 0.80%: a 0.80% management fee plus 0.30% other expenses, less a 0.31% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $8K in broker commissions, 0.0027% of average net assets, and portfolio turnover was 2%.
AUXIX Fees and Expenses
Annual operating expenses and sales charges of AUXIX. Prospectus, as of November 1, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.30% |
| Gross expense ratio | 1.11% |
| Fee waiver | −0.31% |
| Net expense ratio | 0.80% |
| 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 |
AUXIX Costs Over Time
On $10,000 invested in AUXIX, assuming 5% a year before costs, total costs come to $504 over 5 years, cutting the return by 0.84% 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 0.80%) | $84 | $263 | $456 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $84 | $277 | $504 |
| Value after costs | $10,416 | $11,300 | $12,259 |
| Impact on return, per year | 0.84% | 0.84% | 0.84% |
AUXIX 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): 0.0027%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $143.1M
- Portfolio turnover (prospectus): 2%
- Securities lending: none during the year
AUXIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CLEAR STREET, LLC | $4K | 51.40% |
| RBC CAPITAL MARKETS, LLC | $2K | 22.87% |
| BARRINGTON RESEARCH ASSOCIATES, INC. | $947 | 11.30% |
| CHARLES SCHWAB & CO INC | $749 | 8.93% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED | $461 | 5.50% |
AUXIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CHARLES SCHWAB & CO INC | $143.1M | 100.00% |
Auxier Focus Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AUXIX | Institutional Shares | 0.80% | none |
| AUXFX | Investor Shares | 0.92% | none |
| AUXAX | A Shares | 1.26% | 5.75% |
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.