C000224310 Fees and Costs — James Alpha Managed Risk Emerging Markets Equity Fund
Data updated: 2021-07-30
The net expense ratio is 2.80% (3.39% before fee waivers). This share class carries a maximum front-end sales load of 5.75%. Portfolio turnover was 519%.
C000224310 Fees and Expenses
Annual operating expenses and sales charges of C000224310. Prospectus, as of March 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 1.20% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.38% |
| Gross expense ratio | 3.39% |
| Fee waiver | −0.59% |
| Net expense ratio | 2.80% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
C000224310 Costs Over Time
On $10,000 invested in C000224310, assuming 5% a year before costs, total costs come to $2,326 over 5 years, cutting the return by 4.14% 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 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 2.80%) | $277 | $849 | $1,444 |
| Lost growth on money paid in costs | $29 | $133 | $307 |
| Total costs | $881 | $1,557 | $2,326 |
| Value after costs | $9,619 | $10,020 | $10,437 |
| Impact on return, per year | 8.81% | 4.93% | 4.14% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.