C000224284 Fees and Costs — James Alpha Relative Value Fund
Data updated: 2021-07-16
The net expense ratio is 1.94% (3.26% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 114%.
C000224284 Fees and Expenses
Annual operating expenses and sales charges of C000224284. Prospectus, as of March 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.43% |
| Gross expense ratio | 3.26% |
| Fee waiver | −1.32% |
| Net expense ratio | 1.94% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
C000224284 Costs Over Time
On $10,000 invested in C000224284, assuming 5% a year before costs, total costs come to $1,191 over 5 years, cutting the return by 2.04% 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 1.94%) | $204 | $629 | $1,081 |
| Lost growth on money paid in costs | $0 | $31 | $110 |
| Total costs | $204 | $661 | $1,191 |
| Value after costs | $10,296 | $10,915 | $11,572 |
| Impact on return, per year | 2.04% | 2.04% | 2.04% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.