C000224311 Fees and Costs — James Alpha Managed Risk Emerging Markets Equity Fund
Data updated: 2021-07-30
The net expense ratio is 3.54% (4.05% before fee waivers). This share class carries a deferred sales charge of up to 1.00%. Portfolio turnover was 519%.
C000224311 Fees and Expenses
Annual operating expenses and sales charges of C000224311. Prospectus, as of March 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 1.20% |
| 12b-1 fee | 1.00% |
| Other expenses | 1.29% |
| Gross expense ratio | 4.05% |
| Fee waiver | −0.51% |
| Net expense ratio | 3.54% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | 0.00% |
C000224311 Costs Over Time
On $10,000 invested in C000224311, assuming 5% a year before costs, total costs come to $2,105 over 5 years, cutting the return by 3.72% 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 | $101 | $0 | $0 |
| Fund expenses (net expense ratio 3.54%) | $372 | $1,129 | $1,907 |
| Lost growth on money paid in costs | $0 | $57 | $198 |
| Total costs | $473 | $1,186 | $2,105 |
| Value after costs | $10,027 | $10,390 | $10,658 |
| Impact on return, per year | 4.73% | 3.72% | 3.72% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.