C000200196 Fees and Costs — Camelot Event Driven Fund, Institutional Class
Data updated: 2026-09-03
The net expense ratio is 1.74%: a 1.30% management fee plus 0.54% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $229K in broker commissions, 0.2163% of average net assets, and portfolio turnover was 77%.
C000200196 Fees and Expenses
Annual operating expenses and sales charges of C000200196. Prospectus, as of November 1, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.54% |
| Gross expense ratio | 1.84% |
| Fee waiver | −0.10% |
| Net expense ratio | 1.74% |
| 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 |
C000200196 Costs Over Time
On $10,000 invested in C000200196, assuming 5% a year before costs, total costs come to $1,200 over 5 years, cutting the return by 2.05% 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 1.74%) | $183 | $564 | $969 |
| Trading costs (broker commissions) | $23 | $70 | $120 |
| Lost growth on money paid in costs | $0 | $32 | $111 |
| Total costs | $205 | $666 | $1,200 |
| Value after costs | $10,295 | $10,910 | $11,562 |
| Impact on return, per year | 2.05% | 2.05% | 2.05% |
C000200196 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.2163%
- Total broker commissions: $229K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 77%
- Securities lending: none during the year
C000200196 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Susquehanna Securities | $189K | 82.67% |
| J.P. Morgan Securities, LLC | $20K | 8.64% |
| Gordon, Haskett Capital Corp. | $20K | 8.54% |
| ODEON CAPITAL GROUP LLC | $237 | 0.10% |
| OCGEN SEC SERV SPA | $123 | 0.05% |
Camelot Event Driven Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000200196 | Institutional Class | 1.74% | none |
| C000200195 | Class A | 2.00% | 2.50% |
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.