CHAIX Fees and Costs — Chase Growth Fund, Institutional Class
Data updated: 2026-08-28
The net expense ratio is 1.00% (1.14% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $48K in broker commissions, 0.0626% of average net assets, and portfolio turnover was 107%.
CHAIX Fees and Expenses
Annual operating expenses and sales charges of CHAIX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 1.14% |
| Fee waiver | −0.14% |
| Net expense ratio | 1.00% |
| 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 |
CHAIX Costs Over Time
On $10,000 invested in CHAIX, assuming 5% a year before costs, total costs come to $664 over 5 years, cutting the return by 1.12% 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 1.00%) | $105 | $327 | $567 |
| Trading costs (broker commissions) | $7 | $20 | $36 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $112 | $365 | $664 |
| Value after costs | $10,388 | $11,211 | $12,099 |
| Impact on return, per year | 1.12% | 1.12% | 1.12% |
CHAIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0626%
- Total broker commissions: $48K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 107%
- Securities lending: none during the year
CHAIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JONESTRADING INSTITUTIONAL SERVICES LLC | $47K | 97.86% |
| BGC FINANCIAL LP | $1K | 2.14% |
Chase Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CHAIX | Institutional Class | 1.00% | — |
| CHASX | Class N | 1.15% | — |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.