ECHCX Fees and Costs — AXS Chesapeake Strategy Fund, Class C
Data updated: 2026-02-24
The net expense ratio is 2.98% (3.42% before fee waivers). This share class carries a deferred sales charge of up to 1.00%. Portfolio turnover was 0%.
ECHCX Fees and Expenses
Annual operating expenses and sales charges of ECHCX. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 1.45% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.84% |
| Gross expense ratio | 3.42% |
| Fee waiver | −0.44% |
| Net expense ratio | 2.98% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
ECHCX Costs Over Time
On $10,000 invested in ECHCX, assuming 5% a year before costs, total costs come to $1,792 over 5 years, cutting the return by 3.13% 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 |
| Sales charges | $102 | $0 | $0 |
| Fund expenses (net expense ratio 2.98%) | $313 | $956 | $1,624 |
| Lost growth on money paid in costs | $0 | $48 | $167 |
| Total costs | $415 | $1,004 | $1,792 |
| Value after costs | $10,085 | $10,572 | $10,971 |
| Impact on return, per year | 4.15% | 3.13% | 3.13% |
ECHCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $3.3B
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
ECHCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STONEX FINANCIAL, INC. | $3.3B | 100.00% |
AXS Chesapeake 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 |
|---|---|---|---|
| EQCHX | Class I | 1.85% | none |
| ECHAX | Class A | 2.23% | 5.75% |
| ECHCX | Class C | 2.98% | none |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.