EQCHX Fees and Costs — AXS Chesapeake Strategy Fund, Class I
Data updated: 2026-02-24
The net expense ratio is 1.85%: a 1.45% management fee plus 0.83% other expenses, less a 0.43% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 0%.
EQCHX Fees and Expenses
Annual operating expenses and sales charges of EQCHX. Prospectus, as of January 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.83% |
| Gross expense ratio | 2.28% |
| Fee waiver | −0.43% |
| Net expense ratio | 1.85% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
EQCHX Costs Over Time
On $10,000 invested in EQCHX, assuming 5% a year before costs, total costs come to $1,138 over 5 years, cutting the return by 1.94% 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 1.85%) | $194 | $601 | $1,032 |
| Lost growth on money paid in costs | $0 | $30 | $105 |
| Total costs | $194 | $631 | $1,138 |
| Value after costs | $10,306 | $10,946 | $11,625 |
| Impact on return, per year | 1.94% | 1.94% | 1.94% |
EQCHX 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
EQCHX 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.