C000224291 Fees and Costs — James Alpha Event Driven Fund
Data updated: 2021-07-16
The net expense ratio is 2.11% (3.33% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 127%.
C000224291 Fees and Expenses
Annual operating expenses and sales charges of C000224291. Prospectus, as of March 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.33% |
| Gross expense ratio | 3.33% |
| Fee waiver | −1.22% |
| Net expense ratio | 2.11% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
C000224291 Costs Over Time
On $10,000 invested in C000224291, assuming 5% a year before costs, total costs come to $1,291 over 5 years, cutting the return by 2.22% 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 2.11%) | $222 | $683 | $1,171 |
| Lost growth on money paid in costs | $0 | $34 | $120 |
| Total costs | $222 | $717 | $1,291 |
| Value after costs | $10,278 | $10,859 | $11,472 |
| Impact on return, per year | 2.22% | 2.22% | 2.22% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.