C000104515 Fees and Costs — Ranger Quest For Income And Growth Fund, Investor Class
Data updated: 2020-12-21
The net expense ratio is 1.89% (2.47% before fee waivers). There are no sales loads or redemption fees. In fiscal 2020 the fund paid $10K in broker commissions, 0.0816% of average net assets, and portfolio turnover was 32%.
C000104515 Fees and Expenses
Annual operating expenses and sales charges of C000104515. Prospectus, as of November 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.68% |
| Gross expense ratio | 2.47% |
| Fee waiver | −0.58% |
| Net expense ratio | 1.89% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000104515 Costs Over Time
On $10,000 invested in C000104515, assuming 5% a year before costs, total costs come to $1,210 over 5 years, cutting the return by 2.07% 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 1.89%) | $198 | $613 | $1,052 |
| Trading costs (broker commissions) | $9 | $26 | $45 |
| Lost growth on money paid in costs | $0 | $32 | $112 |
| Total costs | $207 | $671 | $1,210 |
| Value after costs | $10,293 | $10,905 | $11,553 |
| Impact on return, per year | 2.07% | 2.07% | 2.07% |
C000104515 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0816%
- Total broker commissions: $10K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 32%
- Securities lending: none during the year
C000104515 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CF Global Trading, LLC | $7K | 72.49% |
| Stifel, Nicolaus & Co | $2K | 22.65% |
| CFG ADVISORS LLC | $326 | 3.31% |
| Aqua Securities, LP. | $132 | 1.34% |
| Sanders Morris Harris, LLC | $20 | 0.21% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.