C000226702 Fees and Costs — TFA Tactical Growth Allocation Fund, Class A
Data updated: 2026-08-26
The net expense ratio is 2.69%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $11K in broker commissions, 0.0320% of average net assets, and portfolio turnover was 267%.
C000226702 Fees and Expenses
Annual operating expenses and sales charges of C000226702. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 1.30% |
| 12b-1 fee | 0.25% |
| Other expenses | — |
| Gross expense ratio | 2.69% |
| Fee waiver | — |
| Net expense ratio | 2.69% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000226702 Costs Over Time
On $10,000 invested in C000226702, assuming 5% a year before costs, total costs come to $1,645 over 5 years, cutting the return by 2.86% 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 2.69%) | $282 | $866 | $1,474 |
| Trading costs (broker commissions) | $3 | $10 | $18 |
| Lost growth on money paid in costs | $0 | $44 | $153 |
| Total costs | $286 | $920 | $1,645 |
| Value after costs | $10,214 | $10,656 | $11,118 |
| Impact on return, per year | 2.86% | 2.86% | 2.86% |
C000226702 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0320%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): $232K
- Portfolio turnover (prospectus): 267%
- Securities lending: none during the year
C000226702 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Interactive Brokers LLC | $8K | 67.85% |
| Charles Schwab and Co., Inc. | $2K | 21.71% |
| WallachBeth Capital LLC | $1K | 9.93% |
| Mischler Financial Group, Inc. | $58 | 0.51% |
C000226702 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Interactive Brokers LLC | $232K | 100.00% |
TFA Tactical Growth Allocation Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TFAFX | Class I | 2.58% | — |
| C000226702 | Class A | 2.69% | — |
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.