ETFCX Fees and Costs — North Square Tactical Growth Fund, Class C
Data updated: 2026-09-25
The net expense ratio is 2.46%. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $44K in broker commissions, 0.0077% of average net assets, and portfolio turnover was 30%.
ETFCX Fees and Expenses
Annual operating expenses and sales charges of ETFCX. Prospectus, as of September 25, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.05% |
| 12b-1 fee | — |
| Other expenses | 0.24% |
| Gross expense ratio | 2.45% |
| Fee waiver | −0.01% |
| Net expense ratio | 2.46% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
ETFCX Costs Over Time
On $10,000 invested in ETFCX, assuming 5% a year before costs, total costs come to $1,499 over 5 years, cutting the return by 2.59% 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 2.46%) | $258 | $794 | $1,355 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $40 | $139 |
| Total costs | $362 | $836 | $1,499 |
| Value after costs | $10,138 | $10,740 | $11,264 |
| Impact on return, per year | 3.62% | 2.59% | 2.59% |
ETFCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0077%
- Total broker commissions: $44K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 30%
- Securities lending: none during the year
ETFCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES INC | $30K | 68.46% |
| PERSHING LLC | $14K | 31.09% |
| J.P. MORGAN SECURITIES LLC | $198 | 0.45% |
North Square Tactical Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ETFOX | Class I | 1.46% | none |
| ETFAX | Class A | 1.71% | 5.75% |
| ETFCX | Class C | 2.46% | 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.