C000107721 Fees and Costs — RG Aurum+ Fund, Institutional Class
Data updated: 2022-03-15
The net expense ratio is 2.24% (2.37% before fee waivers). There are no sales loads or redemption fees. In fiscal 2021 the fund paid $34K in broker commissions, 0.0718% of average net assets, and portfolio turnover was 461%.
C000107721 Fees and Expenses
Annual operating expenses and sales charges of C000107721. Prospectus, as of November 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 1.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.43% |
| Gross expense ratio | 2.37% |
| Fee waiver | −0.13% |
| Net expense ratio | 2.24% |
| 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 |
C000107721 Costs Over Time
On $10,000 invested in C000107721, assuming 5% a year before costs, total costs come to $1,409 over 5 years, cutting the return by 2.43% 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 2.24%) | $235 | $724 | $1,238 |
| Trading costs (broker commissions) | $8 | $23 | $40 |
| Lost growth on money paid in costs | $0 | $37 | $131 |
| Total costs | $243 | $784 | $1,409 |
| Value after costs | $10,257 | $10,792 | $11,354 |
| Impact on return, per year | 2.43% | 2.43% | 2.43% |
C000107721 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0718%
- Total broker commissions: $34K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 461%
- Securities lending: none during the year
C000107721 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INTERACTIVE BROKERS LLC | $18K | 53.04% |
| Stifel, Nicolaus & Co., Inc. | $15K | 42.91% |
| CANACCORD GENUITY LLC | $1K | 3.88% |
| JANNEY MONTGOMERY SCOTT LLC | $48 | 0.14% |
| AQUA SECURITIES L.P. | $10 | 0.03% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.