CSCVX Fees and Costs — Cornercap Small-Cap Value Fund, Investor Shares
Data updated: 2022-11-17
The net expense ratio is 1.30%: a 0.90% management fee plus 0.40% other expenses. This share class carries a redemption fee of 1.00%. In fiscal 2022 the fund paid $248K in broker commissions, 0.1506% of average net assets, and portfolio turnover was 116%.
CSCVX Fees and Expenses
Annual operating expenses and sales charges of CSCVX. Prospectus, as of July 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.40% |
| Gross expense ratio | 1.30% |
| Fee waiver | — |
| Net expense ratio | 1.30% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
CSCVX Costs Over Time
On $10,000 invested in CSCVX, assuming 5% a year before costs, total costs come to $899 over 5 years, cutting the return by 1.52% 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 1.30%) | $136 | $424 | $732 |
| Trading costs (broker commissions) | $16 | $49 | $85 |
| Lost growth on money paid in costs | $0 | $23 | $83 |
| Total costs | $152 | $497 | $899 |
| Value after costs | $10,348 | $11,080 | $11,864 |
| Impact on return, per year | 1.52% | 1.52% | 1.52% |
CSCVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.1506%
- Total broker commissions: $248K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 116%
- Securities lending: none during the year
CSCVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $190K | 76.84% |
| JONESTRADING | $57K | 23.10% |
| RBC CAPITAL MARKETS, LLC | $154 | 0.06% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.