BARLX Fees and Costs — Beacon Accelerated Return Strategy Fund, Institutional Class
Data updated: 2025-02-25
The net expense ratio is 1.29%: a 1.00% management fee plus 0.29% other expenses. This share class carries a redemption fee of 2.00%. In fiscal 2024 the fund paid $15K in broker commissions, 0.0170% of average net assets, and portfolio turnover was 0%.
BARLX Fees and Expenses
Annual operating expenses and sales charges of BARLX. Prospectus, as of January 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.29% |
| Gross expense ratio | 1.29% |
| Fee waiver | — |
| Net expense ratio | 1.29% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
BARLX Costs Over Time
On $10,000 invested in BARLX, assuming 5% a year before costs, total costs come to $813 over 5 years, cutting the return by 1.37% 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) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $21 | $75 |
| Total costs | $137 | $448 | $813 |
| Value after costs | $10,363 | $11,128 | $11,950 |
| Impact on return, per year | 1.37% | 1.37% | 1.37% |
BARLX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0170%
- Total broker commissions: $15K
- Bought from dealers (principal trades, not a cost): $1.5M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
BARLX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UHLMANN PRICE SECURITIES, LLC | $14K | 93.95% |
| JEFFERIES LLC | $925 | 6.05% |
BARLX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Company, LLC | $768K | 50.00% |
| US Bank | $768K | 50.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.