GCHDX Fees and Costs — Gotham Hedged Core Fund, Institutional Class
Data updated: 2025-08-25
The net expense ratio is 1.70%: a 0.70% management fee plus 1.00% other expenses. This share class carries a redemption fee of 1.00%. In fiscal 2024 the fund paid $1K in broker commissions, 0.0174% of average net assets, and portfolio turnover was 211%.
GCHDX Fees and Expenses
Annual operating expenses and sales charges of GCHDX. Prospectus, as of January 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | — |
| Other expenses | 1.00% |
| Gross expense ratio | 1.70% |
| Fee waiver | — |
| Net expense ratio | 1.70% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
GCHDX Costs Over Time
On $10,000 invested in GCHDX, assuming 5% a year before costs, total costs come to $1,059 over 5 years, cutting the return by 1.80% 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 1.70%) | $178 | $553 | $951 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $28 | $98 |
| Total costs | $180 | $586 | $1,059 |
| Value after costs | $10,320 | $10,990 | $11,704 |
| Impact on return, per year | 1.80% | 1.80% | 1.80% |
GCHDX 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): 0.0174%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $3.6M
- Portfolio turnover (prospectus): 211%
- Securities lending: none during the year
GCHDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $1K | 100.00% |
GCHDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $3.6M | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.