DHAIX Fees and Costs — Day Hagan Tactical Allocation Fund, Class I
Data updated: 2020-09-14
The net expense ratio is 1.59% (2.01% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 233%.
DHAIX Fees and Expenses
Annual operating expenses and sales charges of DHAIX. Prospectus, as of October 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.78% |
| Gross expense ratio | 2.01% |
| Fee waiver | −0.42% |
| Net expense ratio | 1.59% |
| 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 |
DHAIX Costs Over Time
On $10,000 invested in DHAIX, assuming 5% a year before costs, total costs come to $983 over 5 years, cutting the return by 1.67% 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 1.59%) | $167 | $518 | $892 |
| Lost growth on money paid in costs | $0 | $26 | $91 |
| Total costs | $167 | $543 | $983 |
| Value after costs | $10,333 | $11,033 | $11,780 |
| Impact on return, per year | 1.67% | 1.67% | 1.67% |
DHAIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2020.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 233%
- Securities lending: none during the year
DHAIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Silver Leaf Partners, LLC | $8K | 44.71% |
| Jones Trading | $7K | 41.71% |
| Interactive Brokers, LLC | $2K | 13.58% |
DHAIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Interactive Brokers, LLC | $1.5M | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.