COIDX Fees and Costs — IDX Adaptive Opportunities Fund, Institutional Class
Data updated: 2026-08-31
The net expense ratio is 2.00% (2.80% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $15K in broker commissions, 0.0562% of average net assets, and portfolio turnover was 42%.
COIDX Fees and Expenses
Annual operating expenses and sales charges of COIDX. Prospectus, as of May 5, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.49% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 2.80% |
| Fee waiver | −0.80% |
| Net expense ratio | 2.00% |
| 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 |
COIDX Costs Over Time
On $10,000 invested in COIDX, assuming 5% a year before costs, total costs come to $1,259 over 5 years, cutting the return by 2.16% 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 |
| Fund expenses (net expense ratio 2.00%) | $210 | $648 | $1,111 |
| Trading costs (broker commissions) | $6 | $18 | $31 |
| Lost growth on money paid in costs | $0 | $33 | $117 |
| Total costs | $216 | $700 | $1,259 |
| Value after costs | $10,284 | $10,877 | $11,504 |
| Impact on return, per year | 2.16% | 2.16% | 2.16% |
COIDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0562%
- Total broker commissions: $15K
- Bought from dealers (principal trades, not a cost): $43.0M
- Portfolio turnover (prospectus): 42%
- Securities lending: none during the year
COIDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MAREX CAPITAL MARKETS INC | $13K | 88.91% |
| Stifel Nicolaus | $2K | 11.09% |
COIDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| US Bank | $38.6M | 89.75% |
| Stifel Nicolaus | $4.4M | 10.25% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.