CGHIX Fees and Costs — Timber Point Global Allocations Fund, Institutional Class Shares
Data updated: 2026-08-26
The net expense ratio is 2.18% (2.70% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $33K in broker commissions, 0.1539% of average net assets, and portfolio turnover was 198%.
CGHIX Fees and Expenses
Annual operating expenses and sales charges of CGHIX. Prospectus, as of January 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.12% |
| Gross expense ratio | 2.70% |
| Fee waiver | −0.52% |
| Net expense ratio | 2.18% |
| 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 |
CGHIX Costs Over Time
On $10,000 invested in CGHIX, assuming 5% a year before costs, total costs come to $1,421 over 5 years, cutting the return by 2.45% 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 2.18%) | $229 | $704 | $1,204 |
| Trading costs (broker commissions) | $16 | $50 | $85 |
| Lost growth on money paid in costs | $0 | $38 | $132 |
| Total costs | $245 | $792 | $1,421 |
| Value after costs | $10,255 | $10,784 | $11,341 |
| Impact on return, per year | 2.45% | 2.45% | 2.45% |
CGHIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1539%
- Total broker commissions: $33K
- Bought from dealers (principal trades, not a cost): $500K
- Portfolio turnover (prospectus): 198%
- Securities lending: none during the year
CGHIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jones & Associates | $33K | 100.00% |
CGHIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jones & Associates | $500K | 100.00% |
Timber Point Global Allocations Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CGHAX | Investor Class Shares | 2.07% | none |
| CGHIX | Institutional Class Shares | 2.18% | — |
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.