BQMIX Fees and Costs — Bright Rock Mid Cap Growth Fund, Investor Class
Data updated: 2026-10-09
The net expense ratio is 1.06%: a 0.45% management fee, a 0.25% 12b-1 fee plus 0.36% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $15K in broker commissions, 0.0158% of average net assets, and portfolio turnover was 16%.
BQMIX Fees and Expenses
Annual operating expenses and sales charges of BQMIX. Prospectus, as of June 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.36% |
| Gross expense ratio | 1.06% |
| Fee waiver | — |
| Net expense ratio | 1.06% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
BQMIX Costs Over Time
On $10,000 invested in BQMIX, assuming 5% a year before costs, total costs come to $672 over 5 years, cutting the return by 1.13% 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 1.06%) | $111 | $347 | $601 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $17 | $62 |
| Total costs | $113 | $370 | $672 |
| Value after costs | $10,387 | $11,207 | $12,091 |
| Impact on return, per year | 1.13% | 1.13% | 1.13% |
BQMIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0158%
- Total broker commissions: $15K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 16%
- Securities lending: none during the year
BQMIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SANFORD C. BERNSTEIN & CO. LLC | $7K | 45.08% |
| RBC CAPITAL MARKETS LLC | $5K | 30.92% |
| J.P. MORGAN SECURITIES LLC | $2K | 12.25% |
| JEFFERIES LLC | $750 | 5.09% |
| MORGAN STANLEY & CO. LLC | $500 | 3.39% |
| ITG INC. | $480 | 3.26% |
Bright Rock Mid Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BQMGX | Institutional Class | 0.81% | — |
| BQMIX | Investor Class | 1.06% | — |
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.