C000196830 Fees and Costs — Footprints Discover Value Fund
Data updated: 2023-02-06
The net expense ratio is 1.97% (4.28% before fee waivers). This share class carries a redemption fee of 1.00%. In fiscal 2022 the fund paid $8K in broker commissions, 0.3175% of average net assets, and portfolio turnover was 44%.
C000196830 Fees and Expenses
Annual operating expenses and sales charges of C000196830. Prospectus, as of March 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 3.01% |
| Gross expense ratio | 4.28% |
| Fee waiver | −2.31% |
| Net expense ratio | 1.97% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000196830 Costs Over Time
On $10,000 invested in C000196830, assuming 5% a year before costs, total costs come to $1,394 over 5 years, cutting the return by 2.40% 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 | $1,089 |
| Trading costs (broker commissions) | $33 | $103 | $176 |
| Lost growth on money paid in costs | $0 | $37 | $129 |
| Total costs | $240 | $776 | $1,394 |
| Value after costs | $10,260 | $10,800 | $11,368 |
| Impact on return, per year | 2.40% | 2.40% | 2.40% |
C000196830 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.3175%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 44%
- Securities lending: none during the year
C000196830 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Bloomberg Tradebook, LLC | $5K | 59.33% |
| Goldman Sachs & Co., LLC | $3K | 39.38% |
| CHARLES SCHWAB & CO., INC. | $100 | 1.28% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.