CFMCX Fees and Costs — Column Mid Cap Fund
Data updated: 2026-10-08
The net expense ratio is 0.49% (0.85% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $238K in broker commissions, 0.0331% of average net assets, and portfolio turnover was 49%.
CFMCX Fees and Expenses
Annual operating expenses and sales charges of CFMCX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.85% |
| Fee waiver | −0.36% |
| Net expense ratio | 0.49% |
| 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 | No |
CFMCX Costs Over Time
On $10,000 invested in CFMCX, assuming 5% a year before costs, total costs come to $330 over 5 years, cutting the return by 0.55% 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 0.49%) | $51 | $161 | $281 |
| Trading costs (broker commissions) | $3 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $55 | $181 | $330 |
| Value after costs | $10,445 | $11,396 | $12,432 |
| Impact on return, per year | 0.55% | 0.55% | 0.55% |
CFMCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0331%
- Total broker commissions: $238K
- Bought from dealers (principal trades, not a cost): $1.0M
- Portfolio turnover (prospectus): 49%
- Securities lending: none during the year
CFMCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $32K | 18.86% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $28K | 16.52% |
| J.P. MORGAN SECURITIES LLC | $26K | 15.18% |
| UBS SECURITIES LLC | $19K | 11.21% |
| GOLDMAN SACHS & CO. LLC | $18K | 10.80% |
| CITIGROUP GLOBAL MARKETS INC. | $17K | 10.24% |
| RBC CAPITAL MARKETS LLC | $10K | 5.65% |
| SANFORD C. BERNSTEIN & CO. LLC | $7K | 4.34% |
| NATIONAL FINANCIAL SERVICES LLC | $7K | 3.83% |
| CAPITAL INSTITUTIONAL SERVICES INC. | $6K | 3.38% |
CFMCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $709K | 68.99% |
| MORGAN STANLEY & CO. LLC | $262K | 25.47% |
| BARCLAYS CAPITAL INC. | $56K | 5.49% |
| GOLDMAN SACHS & CO. LLC | $484 | 0.05% |
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.