C000173736 Fees and Costs — Centre Global Infrastructure Fund, Institutional Class
Data updated: 2025-05-28
The net expense ratio is 1.18% (1.57% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $6K in broker commissions, 0.0224% of average net assets, and portfolio turnover was 10%.
C000173736 Fees and Expenses
Annual operating expenses and sales charges of C000173736. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.64% |
| Gross expense ratio | 1.57% |
| Fee waiver | −0.39% |
| Net expense ratio | 1.18% |
| 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 |
C000173736 Costs Over Time
On $10,000 invested in C000173736, assuming 5% a year before costs, total costs come to $749 over 5 years, cutting the return by 1.26% 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 1.18%) | $124 | $386 | $668 |
| Trading costs (broker commissions) | $2 | $7 | $13 |
| Lost growth on money paid in costs | $0 | $19 | $69 |
| Total costs | $126 | $413 | $749 |
| Value after costs | $10,374 | $11,164 | $12,014 |
| Impact on return, per year | 1.26% | 1.26% | 1.26% |
C000173736 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0224%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 10%
- Securities lending: none during the year
C000173736 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RAYMOND JAMES FINANCIAL SERVICES, INC. | $6K | 99.61% |
| JPMORGAN DISTRIBUTION SERVICES, INC. | $25 | 0.39% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.