C000117903 Fees and Costs — ATAC Rotation Fund, Investor Class
Data updated: 2025-07-24
The net expense ratio is 1.97% (2.46% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $150K in broker commissions, 0.2749% of average net assets, and portfolio turnover was 2155%.
C000117903 Fees and Expenses
Annual operating expenses and sales charges of C000117903. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 1.25% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.83% |
| Gross expense ratio | 2.46% |
| Fee waiver | −0.49% |
| Net expense ratio | 1.97% |
| 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 |
C000117903 Costs Over Time
On $10,000 invested in C000117903, assuming 5% a year before costs, total costs come to $1,370 over 5 years, cutting the return by 2.36% 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 1.97%) | $207 | $637 | $1,090 |
| Trading costs (broker commissions) | $29 | $89 | $152 |
| Lost growth on money paid in costs | $0 | $36 | $127 |
| Total costs | $236 | $762 | $1,370 |
| Value after costs | $10,264 | $10,814 | $11,393 |
| Impact on return, per year | 2.36% | 2.36% | 2.36% |
C000117903 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.2749%
- Total broker commissions: $150K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 2155%
- Securities lending: none during the year
C000117903 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Inc. | $110K | 73.18% |
| Telsey Advisory Group | $40K | 26.82% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.