EMCAX Fees and Costs — Empiric Fund, Class A
Data updated: 2026-08-28
The net expense ratio is 2.24%: a 1.00% management fee, a 0.25% 12b-1 fee plus 0.98% other expenses. This share class carries a maximum front-end sales load of 5.75% and a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $5K in broker commissions, 0.0196% of average net assets, and portfolio turnover was 10%.
EMCAX Fees and Expenses
Annual operating expenses and sales charges of EMCAX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.98% |
| Gross expense ratio | 2.24% |
| Fee waiver | — |
| Net expense ratio | 2.24% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 1.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
EMCAX Costs Over Time
On $10,000 invested in EMCAX, assuming 5% a year before costs, total costs come to $2,033 over 5 years, cutting the return by 3.58% 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 | $672 | $575 | $575 |
| Fund expenses (net expense ratio 2.24%) | $222 | $683 | $1,168 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $29 | $125 | $279 |
| Total costs | $924 | $1,389 | $2,033 |
| Value after costs | $9,576 | $10,188 | $10,730 |
| Impact on return, per year | 9.24% | 4.38% | 3.58% |
EMCAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0196%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 10%
- Securities on loan, average value: $3.4M
- Net income from securities lending: $5K (0.019% of average net assets)
EMCAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Royal Bank of Canada | $5K | 100.00% |
Empiric Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| EMCAX | Class A | 2.24% | 5.75% |
| EMCCX | Class C | 2.99% | 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.