DHIVX Fees and Costs — Centre Global Infrastructure Fund, Advisor Class
Data updated: 2026-07-10
The net expense ratio is 1.30%: a 0.85% management fee, a 0.25% 12b-1 fee plus 0.29% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $47K in broker commissions, 0.0561% of average net assets, and portfolio turnover was 8%.
DHIVX Fees and Expenses
Annual operating expenses and sales charges of DHIVX. Prospectus, as of July 10, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.29% |
| Gross expense ratio | 1.39% |
| Fee waiver | −0.09% |
| Net expense ratio | 1.30% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
DHIVX Costs Over Time
On $10,000 invested in DHIVX, assuming 5% a year before costs, total costs come to $842 over 5 years, cutting the return by 1.42% 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 | $733 |
| Trading costs (broker commissions) | $6 | $18 | $32 |
| Lost growth on money paid in costs | $0 | $22 | $78 |
| Total costs | $142 | $465 | $842 |
| Value after costs | $10,358 | $11,112 | $11,921 |
| Impact on return, per year | 1.42% | 1.42% | 1.42% |
DHIVX 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): 0.0561%
- Total broker commissions: $47K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 8%
- Securities lending: none during the year
DHIVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RAYMOND JAMES & ASSOCIATES INC. | $24K | 50.79% |
| J.P. MORGAN SECURITIES LLC | $21K | 45.27% |
| CITIGROUP GLOBAL MARKETS INC. | $2K | 3.63% |
| RBC CAPITAL MARKETS LLC | $146 | 0.31% |
Centre Global Infrastructure Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DHINX | Investor Class | 1.15% | — |
| DHIVX | Advisor Class | 1.30% | — |
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.