BTCRX Fees and Costs — Vest Bitcoin Strategy Managed Volatility, Class R
Data updated: 2026-09-23
The net expense ratio is 0.49% (3.07% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $24K in broker commissions, 0.1447% of average net assets, and portfolio turnover was 325%.
BTCRX Fees and Expenses
Annual operating expenses and sales charges of BTCRX. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 3.07% |
| Fee waiver | −2.58% |
| Net expense ratio | 0.49% |
| 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 |
BTCRX Costs Over Time
On $10,000 invested in BTCRX, assuming 5% a year before costs, total costs come to $400 over 5 years, cutting the return by 0.67% 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 0.49%) | $51 | $161 | $281 |
| Trading costs (broker commissions) | $15 | $48 | $83 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $67 | $219 | $400 |
| Value after costs | $10,433 | $11,357 | $12,363 |
| Impact on return, per year | 0.67% | 0.67% | 0.67% |
BTCRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1447%
- Total broker commissions: $24K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 325%
- Securities lending: none during the year
BTCRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| PHILLIP CAPITAL INC. | $24K | 100.00% |
Vest Bitcoin Strategy Managed Volatility Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BTCRX | Class R | 0.49% | none |
| BTCYX | Class Y | 0.89% | none |
| BTCVX | Institutional Class | 0.99% | none |
| BTCLX | Investor Class | 1.24% | 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.