CAMOX Fees and Costs — Cambiar Opportunity Fund, Investor Class
Data updated: 2026-09-28
The net expense ratio is 0.85%: a 0.60% management fee plus 0.38% other expenses, less a 0.13% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $116K in broker commissions, 0.0361% of average net assets, and portfolio turnover was 49%.
CAMOX Fees and Expenses
Annual operating expenses and sales charges of CAMOX. Prospectus, as of March 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | — |
| Other expenses | 0.38% |
| Gross expense ratio | 0.98% |
| Fee waiver | −0.13% |
| Net expense ratio | 0.85% |
| 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 |
CAMOX Costs Over Time
On $10,000 invested in CAMOX, assuming 5% a year before costs, total costs come to $556 over 5 years, cutting the return by 0.93% 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 0.85%) | $89 | $279 | $484 |
| Trading costs (broker commissions) | $4 | $12 | $21 |
| Lost growth on money paid in costs | $0 | $14 | $51 |
| Total costs | $93 | $305 | $556 |
| Value after costs | $10,407 | $11,271 | $12,207 |
| Impact on return, per year | 0.93% | 0.93% | 0.93% |
CAMOX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0361%
- Total broker commissions: $116K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 49%
- Securities lending: none during the year
CAMOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Raymond James and Associates | $34K | 29.75% |
| Jefferies LLC | $24K | 20.55% |
| Barclays Bank | $22K | 18.87% |
| Wachovia Capital Markets | $15K | 13.30% |
| Societe Generale | $10K | 8.55% |
| Strategas Securities | $6K | 4.86% |
| Sandford C. Bernstein | $2K | 1.32% |
| Keefe Bruyette and Woods | $1K | 1.28% |
| UBS Financial Services | $1K | 1.15% |
| JP Morgan | $433 | 0.38% |
Cambiar Opportunity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CAMWX | Institutional Class | 0.65% | — |
| CAMOX | Investor Class | 0.85% | — |
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.