CAMX Fees and Costs — Cambiar Aggressive Value ETF
Data updated: 2026-09-28
The net expense ratio is 0.59%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $37K in broker commissions, 0.0622% of average net assets, and portfolio turnover was 84%.
CAMX Fees and Expenses
Annual operating expenses and sales charges of CAMX. Prospectus, as of March 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.59% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.59% |
| Fee waiver | — |
| Net expense ratio | 0.59% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
CAMX Costs Over Time
On $10,000 invested in CAMX, assuming 5% a year before costs, total costs come to $411 over 5 years, cutting the return by 0.68% 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 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $7 | $20 | $36 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $68 | $225 | $411 |
| Value after costs | $10,432 | $11,351 | $12,352 |
| Impact on return, per year | 0.68% | 0.68% | 0.68% |
CAMX 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): 0.0622%
- Total broker commissions: $37K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 84%
- Securities lending: none during the year
CAMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SOCIETE GENERALE | $10K | 28.40% |
| BARCLAY BANK PLC | $7K | 20.11% |
| RAYMOND JAMES & ASSOCIATES, INC. | $6K | 17.62% |
| JEFFERIES LLC | $5K | 12.56% |
| WACHOVIA CAPITAL MARKETS | $4K | 9.63% |
| BAML | $2K | 6.60% |
| INSTINET | $1K | 2.88% |
| STRATEGAS SECURITIES LLC | $815 | 2.21% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.