HEQFX Fees and Costs — Monteagle Opportunity Equity Fund, Investor Class
Data updated: 2026-07-29
The net expense ratio is 1.81%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $17K in broker commissions, 0.1104% of average net assets, and portfolio turnover was 69%.
HEQFX Fees and Expenses
Annual operating expenses and sales charges of HEQFX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.26% |
| Gross expense ratio | 1.56% |
| Fee waiver | — |
| Net expense ratio | 1.81% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
HEQFX Costs Over Time
On $10,000 invested in HEQFX, assuming 5% a year before costs, total costs come to $1,179 over 5 years, cutting the return by 2.02% 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 1.81%) | $190 | $587 | $1,009 |
| Trading costs (broker commissions) | $12 | $36 | $62 |
| Lost growth on money paid in costs | $0 | $31 | $109 |
| Total costs | $202 | $654 | $1,179 |
| Value after costs | $10,298 | $10,922 | $11,584 |
| Impact on return, per year | 2.02% | 2.02% | 2.02% |
HEQFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1104%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 69%
- Securities lending: none during the year
HEQFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ISI FINANCIAL GROUP INC | $17K | 95.53% |
| MORGAN STANLEY & CO. LLC | $780 | 4.47% |
Monteagle Opportunity Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| HEQCX | Institutional Class | 1.31% | none |
| HEQFX | Investor Class | 1.81% | none |
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.