CPTRX Fees and Costs — Pinnacle TrendRating Innovative Equity Fund, Class C
Data updated: 2022-05-09
The net expense ratio is 1.99%: a 0.75% management fee, a 1.00% 12b-1 fee plus 2.33% other expenses, less a 2.09% fee waiver. This share class carries a redemption fee of 1.00%. In fiscal 2021 the fund paid $3K in broker commissions, 0.0507% of average net assets, and portfolio turnover was 267%.
CPTRX Fees and Expenses
Annual operating expenses and sales charges of CPTRX. Prospectus, as of January 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 1.00% |
| Other expenses | 2.33% |
| Gross expense ratio | 4.08% |
| Fee waiver | −2.09% |
| Net expense ratio | 1.99% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
CPTRX Costs Over Time
On $10,000 invested in CPTRX, assuming 5% a year before costs, total costs come to $1,250 over 5 years, cutting the return by 2.14% 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 1.99%) | $209 | $645 | $1,106 |
| Trading costs (broker commissions) | $5 | $16 | $28 |
| Lost growth on money paid in costs | $0 | $33 | $116 |
| Total costs | $214 | $694 | $1,250 |
| Value after costs | $10,286 | $10,882 | $11,513 |
| Impact on return, per year | 2.14% | 2.14% | 2.14% |
CPTRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0507%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 267%
- Securities lending: none during the year
CPTRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wallachbeth | $2K | 69.53% |
| Union Bank | $1K | 30.47% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.