CSQIX Fees and Costs — Manteio Multialternative Strategy Fund, Class I
Data updated: 2026-09-17
The net expense ratio is 0.85%: a 1.04% management fee plus 0.25% other expenses, less a 0.44% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2.3M in broker commissions, 1.1124% of average net assets, and portfolio turnover was 458%.
CSQIX Fees and Expenses
Annual operating expenses and sales charges of CSQIX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.04% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.25% |
| Gross expense ratio | 1.29% |
| Fee waiver | −0.44% |
| Net expense ratio | 0.85% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
CSQIX Costs Over Time
On $10,000 invested in CSQIX, assuming 5% a year before costs, total costs come to $1,204 over 5 years, cutting the return by 2.06% 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 0.85%) | $89 | $276 | $473 |
| Trading costs (broker commissions) | $117 | $361 | $619 |
| Lost growth on money paid in costs | $0 | $32 | $111 |
| Total costs | $206 | $668 | $1,204 |
| Value after costs | $10,294 | $10,908 | $11,559 |
| Impact on return, per year | 2.06% | 2.06% | 2.06% |
CSQIX 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): 1.1124%
- Total broker commissions: $2.3M
- Bought from dealers (principal trades, not a cost): $16.9B
- Portfolio turnover (prospectus): 458%
- Securities on loan, average value: $0
- Net income from securities lending: $49 (0.000% of average net assets)
CSQIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $2.3M | 96.78% |
| INSTINET, LLC | $64K | 2.74% |
| BNP PARIBAS SECURITIES CORP. | $11K | 0.47% |
| RBC CAPITAL MARKETS, LLC | $210 | 0.01% |
| CIBC WORLD MARKETS CORP | $44 | 0.00% |
CSQIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $10.6B | 63.21% |
| BNP PARIBAS SECURITIES CORP. | $2.5B | 14.82% |
| SOCIETE GENERALE | $1.5B | 8.86% |
| BARCLAYS CAPITAL INC. | $580.4M | 3.46% |
| MACQUARIE CAPITAL (USA) INC. | $413.8M | 2.47% |
| CITIGROUP GLOBAL MARKETS INC. | $385.4M | 2.30% |
| BANC OF AMERICA SECURITIES LLC | $307.1M | 1.83% |
| MORGAN STANLEY | $292.0M | 1.74% |
| J.P. MORGAN SECURITIES LLC | $221.6M | 1.32% |
Manteio Multialternative 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 |
|---|---|---|---|
| CSQIX | Class I | 0.85% | none |
| CSQAX | Class A | 1.10% | 5.25% |
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.