C000012953 Fees and Costs — Ancora Special Opportunity Fund, Class I
Data updated: 2020-05-29
The net expense ratio is 2.84%. This share class carries a redemption fee of 2.00%. In fiscal 2019 the fund paid $37K in broker commissions, 0.2126% of average net assets, and portfolio turnover was 103%.
C000012953 Fees and Expenses
Annual operating expenses and sales charges of C000012953. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 2.84% |
| Fee waiver | — |
| Net expense ratio | 2.84% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| 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 |
C000012953 Costs Over Time
On $10,000 invested in C000012953, assuming 5% a year before costs, total costs come to $1,833 over 5 years, cutting the return by 3.21% 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 2.84%) | $298 | $911 | $1,545 |
| Trading costs (broker commissions) | $22 | $68 | $116 |
| Lost growth on money paid in costs | $0 | $49 | $171 |
| Total costs | $321 | $1,028 | $1,833 |
| Value after costs | $10,179 | $10,548 | $10,930 |
| Impact on return, per year | 3.21% | 3.21% | 3.21% |
C000012953 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.2126%
- Total broker commissions: $37K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 103%
- Securities lending: none during the year
C000012953 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $30K | 82.73% |
| RBC Capital Markets, LLC | $3K | 8.60% |
| National Financial Services, LLC | $3K | 7.78% |
| Abel Noser, LLC | $322 | 0.88% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.