C000244049 Fees and Costs — Zacks Small-Cap Core Fund, Investor Class Shares
Data updated: 2026-07-24
The net expense ratio is 1.40%: a 0.90% management fee, a 0.25% 12b-1 fee plus 0.60% other expenses, less a 0.36% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $28K in broker commissions, 0.0952% of average net assets, and portfolio turnover was 107%.
C000244049 Fees and Expenses
Annual operating expenses and sales charges of C000244049. Prospectus, as of April 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.60% |
| Gross expense ratio | 1.76% |
| Fee waiver | −0.36% |
| Net expense ratio | 1.40% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000244049 Costs Over Time
On $10,000 invested in C000244049, assuming 5% a year before costs, total costs come to $926 over 5 years, cutting the return by 1.57% 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 1.40%) | $147 | $456 | $787 |
| Trading costs (broker commissions) | $10 | $31 | $54 |
| Lost growth on money paid in costs | $0 | $24 | $85 |
| Total costs | $157 | $512 | $926 |
| Value after costs | $10,343 | $11,065 | $11,837 |
| Impact on return, per year | 1.57% | 1.57% | 1.57% |
C000244049 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0952%
- Total broker commissions: $28K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 107%
- Securities lending: none during the year
C000244049 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Financial | $21K | 73.69% |
| MISCHLER FINANCIAL GROUP | $4K | 13.79% |
| PIPER SANDLER | $2K | 6.95% |
| JONES TRADING | $2K | 5.57% |
Zacks Small-Cap Core Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000244050 | Institutional Class Shares | 1.15% | none |
| C000244049 | Investor Class Shares | 1.40% | none |
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.