C000242702 Fees and Costs — Rondure Overseas Fund
Data updated: 2024-03-29
The net expense ratio is 1.10%: a 0.70% management fee, a 0.25% 12b-1 fee plus 1.06% other expenses, less a 0.91% fee waiver. This share class carries a redemption fee of 2.00%. Portfolio turnover was 92%.
C000242702 Fees and Expenses
Annual operating expenses and sales charges of C000242702. Prospectus, as of October 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.06% |
| Gross expense ratio | 2.01% |
| Fee waiver | −0.91% |
| Net expense ratio | 1.10% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 2.00% |
C000242702 Costs Over Time
On $10,000 invested in C000242702, assuming 5% a year before costs, total costs come to $687 over 5 years, cutting the return by 1.15% 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 1.10%) | $116 | $360 | $624 |
| Lost growth on money paid in costs | $0 | $18 | $63 |
| Total costs | $116 | $378 | $687 |
| Value after costs | $10,384 | $11,198 | $12,076 |
| Impact on return, per year | 1.15% | 1.15% | 1.15% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.