CHYAX Fees and Costs — CMG Tactical Bond Fund, Class A
Data updated: 2022-09-29
The net expense ratio is 3.25%. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2022 the fund paid $26K in broker commissions, 0.5279% of average net assets, and portfolio turnover was 810%.
CHYAX Fees and Expenses
Annual operating expenses and sales charges of CHYAX. Prospectus, as of August 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.40% |
| Other expenses | 1.68% |
| Gross expense ratio | 3.25% |
| Fee waiver | — |
| Net expense ratio | 3.25% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
CHYAX Costs Over Time
On $10,000 invested in CHYAX, assuming 5% a year before costs, total costs come to $2,841 over 5 years, cutting the return by 5.16% 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 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 3.25%) | $322 | $975 | $1,642 |
| Trading costs (broker commissions) | $52 | $158 | $267 |
| Lost growth on money paid in costs | $29 | $148 | $357 |
| Total costs | $978 | $1,856 | $2,841 |
| Value after costs | $9,522 | $9,720 | $9,922 |
| Impact on return, per year | 9.78% | 5.94% | 5.16% |
CHYAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.5279%
- Total broker commissions: $26K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 810%
- Securities lending: none during the year
CHYAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wallachbeth | $26K | 99.29% |
| Wolverine Trading LLC | $188 | 0.71% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.