CDRTX Fees and Costs — Campbell Dynamic Trend Fund, Institutional Class
Data updated: 2020-07-30
The net expense ratio is 1.25%: a 1.05% management fee plus 0.83% other expenses, less a 0.63% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $39K in broker commissions, 0.1650% of average net assets, and portfolio turnover was 0%.
CDRTX Fees and Expenses
Annual operating expenses and sales charges of CDRTX. Prospectus, as of December 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 1.05% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.83% |
| Gross expense ratio | 1.88% |
| Fee waiver | −0.63% |
| Net expense ratio | 1.25% |
| 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 |
CDRTX Costs Over Time
On $10,000 invested in CDRTX, assuming 5% a year before costs, total costs come to $878 over 5 years, cutting the return by 1.49% 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 1.25%) | $131 | $408 | $704 |
| Trading costs (broker commissions) | $17 | $54 | $93 |
| Lost growth on money paid in costs | $0 | $23 | $81 |
| Total costs | $149 | $484 | $878 |
| Value after costs | $10,351 | $11,092 | $11,885 |
| Impact on return, per year | 1.49% | 1.49% | 1.49% |
CDRTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.1650%
- Total broker commissions: $39K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
CDRTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch Inc | $28K | 73.33% |
| U.S. Bancorp Investments, Inc. | $10K | 26.67% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.