CRTSX Fees and Costs — Catholic Responsible Investments Multi-Style US Equity Fund, Institutional Shares
Data updated: 2026-09-29
The net expense ratio is 0.67%: a 0.60% management fee plus 0.07% other expenses. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $168K in broker commissions, 0.0209% of average net assets, and portfolio turnover was 41%.
CRTSX Fees and Expenses
Annual operating expenses and sales charges of CRTSX. Prospectus, as of June 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | — |
| Other expenses | 0.07% |
| Gross expense ratio | 0.67% |
| Fee waiver | — |
| Net expense ratio | 0.67% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
CRTSX Costs Over Time
On $10,000 invested in CRTSX, assuming 5% a year before costs, total costs come to $435 over 5 years, cutting the return by 0.73% 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 0.67%) | $70 | $220 | $383 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $73 | $238 | $435 |
| Value after costs | $10,427 | $11,338 | $12,328 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
CRTSX 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): 0.0209%
- Total broker commissions: $168K
- Bought from dealers (principal trades, not a cost): $1.0M
- Portfolio turnover (prospectus): 41%
- Securities on loan, average value: $1.9M
- Net income from securities lending: $5K (0.001% of average net assets)
CRTSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MURIEL SIEBERT AND CO INC. | $27K | 19.67% |
| RBC CAPITAL | $25K | 18.58% |
| MORGAN STANLEY & CO, INC | $17K | 12.23% |
| INSTINET | $16K | 11.72% |
| GOLDMAN, SACHS & CO. | $14K | 10.32% |
| BAML | $13K | 9.31% |
| J P MORGAN CHASE BANK | $12K | 8.64% |
| UBS SECURITIES | $5K | 3.63% |
| EVERCORE | $5K | 3.35% |
| JEFFERIES LLC | $3K | 2.54% |
CRTSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| COWEN | $541K | 54.03% |
| J P MORGAN CHASE BANK | $261K | 26.07% |
| BARCLAY BANK PLC | $114K | 11.43% |
| SG COWEN | $39K | 3.94% |
| MORGAN STANLEY & CO, INC | $23K | 2.27% |
| BAML | $23K | 2.26% |
Catholic Responsible Investments Multi-Style US Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CRTSX | Institutional Shares | 0.67% | — |
| CRTVX | Investor Shares | 0.82% | — |
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.