CEXIX Fees and Costs — Camelot Excalibur Small Cap Income Fund, Class I
Data updated: 2020-08-28
The net expense ratio is 3.36% (4.40% before fee waivers). There are no sales loads or redemption fees. In fiscal 2019 the fund paid $5K in broker commissions, 0.0460% of average net assets, and portfolio turnover was 79%.
CEXIX Fees and Expenses
Annual operating expenses and sales charges of CEXIX. Prospectus, as of January 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 2.83% |
| Gross expense ratio | 4.40% |
| Fee waiver | −1.04% |
| Net expense ratio | 3.36% |
| 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 |
CEXIX Costs Over Time
On $10,000 invested in CEXIX, assuming 5% a year before costs, total costs come to $2,030 over 5 years, cutting the return by 3.58% 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 3.36%) | $353 | $1,074 | $1,815 |
| Trading costs (broker commissions) | $5 | $15 | $25 |
| Lost growth on money paid in costs | $0 | $55 | $191 |
| Total costs | $358 | $1,143 | $2,030 |
| Value after costs | $10,142 | $10,433 | $10,732 |
| Impact on return, per year | 3.58% | 3.58% | 3.58% |
CEXIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0460%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $2.9M
- Portfolio turnover (prospectus): 79%
- Securities lending: none during the year
CEXIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Interactive Brokers | $5K | 100.00% |
CEXIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Interactive Brokers | $1.5M | 53.10% |
| National Alliance | $1.2M | 43.55% |
| Bloomberg | $96K | 3.35% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.