DHANX Fees and Costs — Centre American Select Equity Fund, Investor Class
Data updated: 2026-07-10
The net expense ratio is 0.98%: a 0.75% management fee, a 0.10% 12b-1 fee plus 0.12% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $215K in broker commissions, 0.0736% of average net assets, and portfolio turnover was 29%.
DHANX Fees and Expenses
Annual operating expenses and sales charges of DHANX. Prospectus, as of July 10, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.10% |
| Other expenses | 0.12% |
| Gross expense ratio | 0.98% |
| Fee waiver | — |
| Net expense ratio | 0.98% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
DHANX Costs Over Time
On $10,000 invested in DHANX, assuming 5% a year before costs, total costs come to $658 over 5 years, cutting the return by 1.11% 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 0.98%) | $103 | $321 | $556 |
| Trading costs (broker commissions) | $8 | $24 | $42 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $111 | $362 | $658 |
| Value after costs | $10,389 | $11,214 | $12,104 |
| Impact on return, per year | 1.11% | 1.11% | 1.11% |
DHANX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0736%
- Total broker commissions: $215K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 29%
- Securities lending: none during the year
DHANX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $107K | 49.46% |
| RAYMOND JAMES & ASSOCIATES INC. | $88K | 40.81% |
| RBC CAPITAL MARKETS LLC | $18K | 8.44% |
| STONEX FINANCIAL INC. | $3K | 1.29% |
Centre American Select 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 |
|---|---|---|---|
| DHANX | Investor Class | 0.98% | — |
| DHAMX | Advisor Class | 1.13% | — |
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.