C000224312 Fees and Costs — James Alpha Managed Risk Emerging Markets Equity Fund
Data updated: 2021-07-30
The net expense ratio is 2.35% (3.16% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 519%.
C000224312 Fees and Expenses
Annual operating expenses and sales charges of C000224312. Prospectus, as of March 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 1.20% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.39% |
| Gross expense ratio | 3.16% |
| Fee waiver | −0.81% |
| Net expense ratio | 2.35% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
C000224312 Costs Over Time
On $10,000 invested in C000224312, assuming 5% a year before costs, total costs come to $1,431 over 5 years, cutting the return by 2.47% 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 2.35%) | $247 | $759 | $1,298 |
| Lost growth on money paid in costs | $0 | $38 | $133 |
| Total costs | $247 | $797 | $1,431 |
| Value after costs | $10,253 | $10,779 | $11,332 |
| Impact on return, per year | 2.47% | 2.47% | 2.47% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.