C000218762 Fees and Costs — Moa Catholic Values Index Fund
Data updated: 2026-08-27
The net expense ratio is 0.25%: a 0.15% management fee plus 2.55% other expenses, less a 2.45% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $449 in broker commissions, 0.0054% of average net assets, and portfolio turnover was 23%.
C000218762 Fees and Expenses
Annual operating expenses and sales charges of C000218762. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | — |
| Other expenses | 2.55% |
| Gross expense ratio | 2.70% |
| Fee waiver | −2.45% |
| Net expense ratio | 0.25% |
| 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 |
C000218762 Costs Over Time
On $10,000 invested in C000218762, assuming 5% a year before costs, total costs come to $162 over 5 years, cutting the return by 0.27% 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 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $27 | $88 | $162 |
| Value after costs | $10,473 | $11,488 | $12,601 |
| Impact on return, per year | 0.27% | 0.27% | 0.27% |
C000218762 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0054%
- Total broker commissions: $449
- Bought from dealers (principal trades, not a cost): $10K
- Portfolio turnover (prospectus): 23%
- Securities lending: none during the year
C000218762 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch Pierce Fenner & Smith Inc | $384 | 85.50% |
| GOLDMAN SACHS & CO. LLC | $23 | 5.22% |
| Raymond James (USA) Ltd. | $22 | 4.96% |
| MORGAN STANLEY & CO. LLC | $10 | 2.15% |
| FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | $5 | 1.12% |
| Instinet LLC | $4 | 0.91% |
| BNY MELLON CAPITAL MARKETS, LLC | $1 | 0.15% |
C000218762 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch Pierce Fenner & Smith Inc | $10K | 100.00% |
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.