BUYIX Fees and Costs — Catalyst Pivotal Growth Fund, Class I
Data updated: 2022-11-28
The net expense ratio is 1.29%: a 1.00% management fee plus 1.29% other expenses, less a 1.00% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $568 in broker commissions, 0.0069% of average net assets, and portfolio turnover was 132%.
BUYIX Fees and Expenses
Annual operating expenses and sales charges of BUYIX. Prospectus, as of October 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.29% |
| Gross expense ratio | 2.29% |
| Fee waiver | −1.00% |
| Net expense ratio | 1.29% |
| 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 |
BUYIX Costs Over Time
On $10,000 invested in BUYIX, assuming 5% a year before costs, total costs come to $806 over 5 years, cutting the return by 1.36% 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) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $21 | $74 |
| Total costs | $136 | $445 | $806 |
| Value after costs | $10,364 | $11,132 | $11,956 |
| Impact on return, per year | 1.36% | 1.36% | 1.36% |
BUYIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0069%
- Total broker commissions: $568
- Bought from dealers (principal trades, not a cost): $57K
- Portfolio turnover (prospectus): 132%
- Securities on loan, average value: $1.4M
- Net income from securities lending: $1K (0.012% of average net assets)
BUYIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Interactive Brokers | $568 | 100.00% |
BUYIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Interactive Brokers | $57K | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.