C000112043 Fees and Costs — Stadion Trilogy Alternative Return Fund, Class I
Data updated: 2021-08-13
The net expense ratio is 1.44% (1.78% before fee waivers). There are no sales loads or redemption fees. In fiscal 2021 the fund paid $25K in broker commissions, 0.0512% of average net assets, and portfolio turnover was 21%.
C000112043 Fees and Expenses
Annual operating expenses and sales charges of C000112043. Prospectus, as of September 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 1.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.47% |
| Gross expense ratio | 1.78% |
| Fee waiver | −0.34% |
| Net expense ratio | 1.44% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000112043 Costs Over Time
On $10,000 invested in C000112043, assuming 5% a year before costs, total costs come to $924 over 5 years, cutting the return by 1.57% 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 1.44%) | $151 | $469 | $810 |
| Trading costs (broker commissions) | $5 | $17 | $29 |
| Lost growth on money paid in costs | $0 | $24 | $85 |
| Total costs | $157 | $510 | $924 |
| Value after costs | $10,343 | $11,066 | $11,839 |
| Impact on return, per year | 1.57% | 1.57% | 1.57% |
C000112043 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0512%
- Total broker commissions: $25K
- Bought from dealers (principal trades, not a cost): $3.2M
- Portfolio turnover (prospectus): 21%
- Securities lending: none during the year
C000112043 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $23K | 92.84% |
| J.P. MORGAN SECURITIES LLC | $2K | 7.16% |
C000112043 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $2.4M | 74.30% |
| JEFFERIES LLC | $814K | 25.70% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.