CRTOX Fees and Costs — Potomac Tactical Opportunities Fund, Institutional Class Shares
Data updated: 2026-09-14
The net expense ratio is 1.74%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $257K in broker commissions, 0.1299% of average net assets.
CRTOX Fees and Expenses
Annual operating expenses and sales charges of CRTOX. Prospectus, as of November 1, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.21% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.26% |
| Gross expense ratio | — |
| Fee waiver | — |
| Net expense ratio | 1.74% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
CRTOX Costs Over Time
On $10,000 invested in CRTOX, assuming 5% a year before costs, total costs come to $1,149 over 5 years, cutting the return by 1.96% 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 1.74%) | $183 | $565 | $971 |
| Trading costs (broker commissions) | $14 | $42 | $72 |
| Lost growth on money paid in costs | $0 | $30 | $106 |
| Total costs | $196 | $637 | $1,149 |
| Value after costs | $10,304 | $10,939 | $11,613 |
| Impact on return, per year | 1.96% | 1.96% | 1.96% |
CRTOX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.1299%
- Total broker commissions: $257K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
CRTOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| WALLACHBETH CAPITAL, LLC | $133K | 51.89% |
| JONESTRADING | $104K | 40.55% |
| RCM SECURITIES | $15K | 5.83% |
| WEDBUSH SECURITIES INC. | $4K | 1.63% |
| STONEX FINANCIAL INC. | $258 | 0.10% |
Potomac Tactical Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CRTOX | Institutional Class Shares | 1.74% | — |
| SDTOX | Class R | 2.74% | — |
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.