ENGAX Fees and Costs — Vest US Large Cap 20% Buffer Strategies, Class A
Data updated: 2026-09-23
The net expense ratio is 1.20% (1.55% before fee waivers). This share class carries a maximum front-end sales load of 5.75% and a redemption fee of 2.00%. In fiscal 2025 the fund paid $72K in broker commissions, 0.0571% of average net assets, and portfolio turnover was 77%.
ENGAX Fees and Expenses
Annual operating expenses and sales charges of ENGAX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.41% |
| Gross expense ratio | 1.55% |
| Fee waiver | −0.35% |
| Net expense ratio | 1.20% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
ENGAX Costs Over Time
On $10,000 invested in ENGAX, assuming 5% a year before costs, total costs come to $1,471 over 5 years, cutting the return by 2.54% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.20%) | $119 | $370 | $639 |
| Trading costs (broker commissions) | $6 | $18 | $30 |
| Lost growth on money paid in costs | $29 | $110 | $227 |
| Total costs | $728 | $1,072 | $1,471 |
| Value after costs | $9,772 | $10,504 | $11,292 |
| Impact on return, per year | 7.28% | 3.35% | 2.54% |
ENGAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0571%
- Total broker commissions: $72K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 77%
- Securities lending: none during the year
ENGAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JANE STREET EXECUTION SERVICES, LLC | $72K | 100.00% |
Vest US Large Cap 20% Buffer Strategies Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ENGRX | Class R | 0.49% | none |
| ENGYX | Class Y | 0.70% | none |
| ENGIX | Institutional Class Shares | 0.95% | none |
| ENGAX | Class A | 1.20% | 5.75% |
| ENGLX | Investor Class Shares | 1.20% | none |
| ENGCX | Class C | 1.95% | 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.