GEFIX Fees and Costs — CMG Mauldin Core Fund, Class I
Data updated: 2023-03-29
The net expense ratio is 2.60%. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $39K in broker commissions, 0.1288% of average net assets, and portfolio turnover was 372%.
GEFIX Fees and Expenses
Annual operating expenses and sales charges of GEFIX. Prospectus, as of August 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 1.05% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.36% |
| Gross expense ratio | 2.60% |
| Fee waiver | — |
| Net expense ratio | 2.60% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
GEFIX Costs Over Time
On $10,000 invested in GEFIX, assuming 5% a year before costs, total costs come to $1,649 over 5 years, cutting the return by 2.87% 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 2.60%) | $273 | $837 | $1,425 |
| Trading costs (broker commissions) | $14 | $41 | $71 |
| Lost growth on money paid in costs | $0 | $44 | $154 |
| Total costs | $287 | $922 | $1,649 |
| Value after costs | $10,213 | $10,654 | $11,114 |
| Impact on return, per year | 2.87% | 2.87% | 2.87% |
GEFIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.1288%
- Total broker commissions: $39K
- Bought from dealers (principal trades, not a cost): $30K
- Portfolio turnover (prospectus): 372%
- Securities lending: none during the year
GEFIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wallachbeth | $37K | 97.14% |
| Wolverine Trading LLC | $1K | 2.86% |
GEFIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wallachbeth | $30K | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.