GBLMX Fees and Costs — Astor Macro Alternative Fund, Class I
Data updated: 2024-04-01
The net expense ratio is 1.84% (2.71% before fee waivers). There are no sales loads or redemption fees. In fiscal 2023 the fund paid $10K in broker commissions, 0.0380% of average net assets, and portfolio turnover was 103%.
GBLMX Fees and Expenses
Annual operating expenses and sales charges of GBLMX. Prospectus, as of November 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 1.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.07% |
| Gross expense ratio | 2.71% |
| Fee waiver | −0.87% |
| Net expense ratio | 1.84% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| 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 |
GBLMX Costs Over Time
On $10,000 invested in GBLMX, assuming 5% a year before costs, total costs come to $1,154 over 5 years, cutting the return by 1.97% 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 1.84%) | $193 | $597 | $1,026 |
| Trading costs (broker commissions) | $4 | $12 | $21 |
| Lost growth on money paid in costs | $0 | $30 | $107 |
| Total costs | $197 | $640 | $1,154 |
| Value after costs | $10,303 | $10,936 | $11,609 |
| Impact on return, per year | 1.97% | 1.97% | 1.97% |
GBLMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0380%
- Total broker commissions: $10K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 103%
- Securities lending: none during the year
GBLMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| WALLACHBETH CAPITAL LLC | $10K | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.