C000224294 Fees and Costs — James Alpha Family Office Fund
Data updated: 2021-07-16
The net expense ratio is 1.53% (2.56% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 75%.
C000224294 Fees and Expenses
Annual operating expenses and sales charges of C000224294. Prospectus, as of March 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 1.20% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.94% |
| Gross expense ratio | 2.56% |
| Fee waiver | −1.03% |
| Net expense ratio | 1.53% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
C000224294 Costs Over Time
On $10,000 invested in C000224294, assuming 5% a year before costs, total costs come to $947 over 5 years, cutting the return by 1.61% 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 1.53%) | $161 | $498 | $860 |
| Lost growth on money paid in costs | $0 | $25 | $87 |
| Total costs | $161 | $523 | $947 |
| Value after costs | $10,339 | $11,053 | $11,816 |
| Impact on return, per year | 1.61% | 1.61% | 1.61% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.