CMBVX Fees and Costs — Curasset Capital Management Core Bond Fund
Data updated: 2026-08-25
The net expense ratio is 0.76% (0.89% before fee waivers). This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $8K in broker commissions, 0.0030% of average net assets, and portfolio turnover was 45%.
CMBVX Fees and Expenses
Annual operating expenses and sales charges of CMBVX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.36% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.13% |
| Gross expense ratio | 0.89% |
| Fee waiver | −0.13% |
| Net expense ratio | 0.76% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
CMBVX Costs Over Time
On $10,000 invested in CMBVX, assuming 5% a year before costs, total costs come to $480 over 5 years, cutting the return by 0.80% 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 0.76%) | $80 | $250 | $434 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $80 | $263 | $480 |
| Value after costs | $10,420 | $11,313 | $12,283 |
| Impact on return, per year | 0.80% | 0.80% | 0.80% |
CMBVX 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): 0.0030%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 45%
- Securities lending: none during the year
CMBVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Phillip Capital, Inc. | $4K | 48.21% |
| JEFFERIES LLC | $2K | 30.58% |
| CANTOR FITZGERALD & CO. | $729 | 8.93% |
| WELLS FARGO SECURITIES, LLC | $709 | 8.68% |
| BTIG, LLC | $293 | 3.59% |
Curasset Capital Management Core Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CMBEX | Founders Class | 0.36% | none |
| CMBIX | Institutional Class | 0.51% | none |
| CMBVX | C000230995 | 0.76% | none |
| CMBAX | C000230998 | 0.89% | 3.75% |
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.