C000224282 Fees and Costs — Easterly EHS Fund, Class I
Data updated: 2022-07-28
The net expense ratio is 2.05% (7.27% before fee waivers). There are no sales loads or redemption fees. In fiscal 2021 the fund paid $3K in broker commissions, 0.0909% of average net assets, and portfolio turnover was 400%.
C000224282 Fees and Expenses
Annual operating expenses and sales charges of C000224282. Prospectus, as of March 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 7.27% |
| Fee waiver | −5.22% |
| Net expense ratio | 2.05% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000224282 Costs Over Time
On $10,000 invested in C000224282, assuming 5% a year before costs, total costs come to $1,309 over 5 years, cutting the return by 2.25% 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 2.05%) | $215 | $664 | $1,137 |
| Trading costs (broker commissions) | $10 | $29 | $50 |
| Lost growth on money paid in costs | $0 | $35 | $121 |
| Total costs | $225 | $728 | $1,309 |
| Value after costs | $10,275 | $10,849 | $11,454 |
| Impact on return, per year | 2.25% | 2.25% | 2.25% |
C000224282 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0909%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $1.3M
- Portfolio turnover (prospectus): 400%
- Securities lending: none during the year
C000224282 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS | $2K | 53.43% |
| KNIGHT CAPITAL GROUP | $2K | 46.57% |
C000224282 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BROWN BROTHERS & HARRIMAN | $984K | 78.38% |
| BNY MELLON | $267K | 21.29% |
| GOLDMAN SACHS | $4K | 0.33% |
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.