GMZGX Fees and Costs — GuidePath Multi-Asset Income Allocation Fund, RS Shares
Data updated: 2026-08-26
The net expense ratio is 1.94% (1.95% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $11K in broker commissions, 0.0098% of average net assets, and portfolio turnover was 39%.
GMZGX Fees and Expenses
Annual operating expenses and sales charges of GMZGX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.35% |
| Gross expense ratio | 1.95% |
| Fee waiver | −0.01% |
| Net expense ratio | 1.94% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
GMZGX Costs Over Time
On $10,000 invested in GMZGX, assuming 5% a year before costs, total costs come to $1,197 over 5 years, cutting the return by 2.05% 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 1.94%) | $204 | $629 | $1,080 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $32 | $111 |
| Total costs | $205 | $664 | $1,197 |
| Value after costs | $10,295 | $10,912 | $11,566 |
| Impact on return, per year | 2.05% | 2.05% | 2.05% |
GMZGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0098%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 39%
- Securities on loan, average value: $22.1M
- Net income from securities lending: $163K (0.152% of average net assets)
GMZGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Financial Capital Markets, LLC | $7K | 64.70% |
| Anos Capital, LLC | $4K | 35.30% |
GuidePath Multi-Asset Income Allocation Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GIMTX | C000116241 | 0.77% | — |
| GPMIX | Service Shares | 1.09% | — |
| GMZGX | RS Shares | 1.94% | — |
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.