CAXIX Fees and Costs — Catalyst/MAP Global Equity Fund, Class I
Data updated: 2026-09-11
The net expense ratio is 0.97%: a 1.00% management fee plus 0.36% other expenses, less a 0.40% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $12K in broker commissions, 0.0139% of average net assets, and portfolio turnover was 30%.
CAXIX Fees and Expenses
Annual operating expenses and sales charges of CAXIX. Prospectus, as of November 4, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.36% |
| Gross expense ratio | 1.37% |
| Fee waiver | −0.40% |
| Net expense ratio | 0.97% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
CAXIX Costs Over Time
On $10,000 invested in CAXIX, assuming 5% a year before costs, total costs come to $616 over 5 years, cutting the return by 1.03% 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 0.97%) | $102 | $318 | $551 |
| Trading costs (broker commissions) | $1 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $103 | $338 | $616 |
| Value after costs | $10,397 | $11,238 | $12,147 |
| Impact on return, per year | 1.03% | 1.03% | 1.03% |
CAXIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0139%
- Total broker commissions: $12K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 30%
- Securities lending: none during the year
CAXIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cabrera Capital | $8K | 65.79% |
| Wall Street Access | $4K | 34.21% |
Catalyst/MAP Global Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CAXIX | Class I | 0.97% | none |
| CAXAX | Class A | 1.22% | 5.75% |
| CAXCX | Class C | 1.97% | 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.