CRSAX Fees and Costs — Credit Suisse Commodity Return Strategy Fund, Class A
Data updated: 2026-09-25
The net expense ratio is 1.05%: a 0.59% management fee, a 0.25% 12b-1 fee plus 0.26% other expenses, less a 0.05% fee waiver. This share class carries a maximum front-end sales load of 4.75%. In fiscal 2025 the fund paid $148K in broker commissions, 0.0127% of average net assets, and portfolio turnover was 60%.
CRSAX Fees and Expenses
Annual operating expenses and sales charges of CRSAX. Prospectus, as of April 7, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.59% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.26% |
| Gross expense ratio | 1.10% |
| Fee waiver | −0.05% |
| Net expense ratio | 1.05% |
| Sales charges | |
|---|---|
| Max front load | 4.75% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
CRSAX Costs Over Time
On $10,000 invested in CRSAX, assuming 5% a year before costs, total costs come to $1,239 over 5 years, cutting the return by 2.12% 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 |
| Sales charges | $475 | $475 | $475 |
| Fund expenses (net expense ratio 1.05%) | $105 | $327 | $567 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $24 | $91 | $189 |
| Total costs | $605 | $898 | $1,239 |
| Value after costs | $9,895 | $10,679 | $11,524 |
| Impact on return, per year | 6.05% | 2.79% | 2.12% |
CRSAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0127%
- Total broker commissions: $148K
- Bought from dealers (principal trades, not a cost): $2.9B
- Portfolio turnover (prospectus): 60%
- Securities on loan, average value: $2.1M
- Net income from securities lending: $6K (0.001% of average net assets)
CRSAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $148K | 100.00% |
CRSAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $1.5B | 54.20% |
| BMO Capital Markets Corp. | $280.8M | 10.34% |
| Academy Securities, Inc. | $206.0M | 7.59% |
| Barclays Capital Inc. | $173.3M | 6.38% |
| Citigroup Global Markets Inc. | $132.3M | 4.87% |
| Goldman Sachs & Co. LLC | $110.7M | 4.08% |
| CIBC World Markets Corp. | $102.8M | 3.79% |
| Nomura Securities International, Inc. | $88.8M | 3.27% |
| BofA Securities, Inc. | $78.0M | 2.87% |
| RBC Capital Markets, LLC | $70.8M | 2.61% |
Credit Suisse Commodity Return Strategy Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CRSOX | Class I | 0.80% | none |
| CRSAX | Class A | 1.05% | 4.75% |
| CRSCX | Class C | 1.80% | none |
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.