GPKIX Fees and Costs — Grant Park Dynamic Allocation Fund, Class I
Data updated: 2026-08-27
The net expense ratio is 1.68% (2.67% before fee waivers). This share class carries a redemption fee of 1.00%. In fiscal 2025 the fund paid $19K in broker commissions, 0.0757% of average net assets, and portfolio turnover was 134%.
GPKIX Fees and Expenses
Annual operating expenses and sales charges of GPKIX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.23% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.34% |
| Gross expense ratio | 2.67% |
| Fee waiver | −0.99% |
| Net expense ratio | 1.68% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| 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 |
GPKIX Costs Over Time
On $10,000 invested in GPKIX, assuming 5% a year before costs, total costs come to $1,082 over 5 years, cutting the return by 1.84% 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 1.68%) | $176 | $546 | $939 |
| Trading costs (broker commissions) | $8 | $25 | $42 |
| Lost growth on money paid in costs | $0 | $28 | $100 |
| Total costs | $184 | $599 | $1,082 |
| Value after costs | $10,316 | $10,977 | $11,681 |
| Impact on return, per year | 1.84% | 1.84% | 1.84% |
GPKIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0757%
- Total broker commissions: $19K
- Bought from dealers (principal trades, not a cost): $43K
- Portfolio turnover (prospectus): 134%
- Securities lending: none during the year
GPKIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Colliers Securities LLC | $17K | 87.32% |
| Interactive Brokers LLC | $2K | 12.68% |
GPKIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Interactive Brokers LLC | $43K | 100.00% |
Grant Park Dynamic 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 |
|---|---|---|---|
| GPKIX | Class I | 1.68% | none |
| GPKAX | Class A | 1.93% | 5.75% |
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.