INMIX Fees and Costs — Altegris/AACA Real Estate Income Fund, Class I
Data updated: 2019-11-27
The net expense ratio is 1.05%: a 0.70% management fee plus 0.40% other expenses, less a 0.05% fee waiver. This share class carries a redemption fee of 1.00%. In fiscal 2018 the fund paid $1K in broker commissions, 0.3140% of average net assets, and portfolio turnover was 154%.
INMIX Fees and Expenses
Annual operating expenses and sales charges of INMIX. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.40% |
| Gross expense ratio | 1.10% |
| Fee waiver | −0.05% |
| Net expense ratio | 1.05% |
| 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 |
INMIX Costs Over Time
On $10,000 invested in INMIX, assuming 5% a year before costs, total costs come to $847 over 5 years, cutting the return by 1.43% 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 1.05%) | $110 | $343 | $592 |
| Trading costs (broker commissions) | $33 | $102 | $177 |
| Lost growth on money paid in costs | $0 | $22 | $78 |
| Total costs | $143 | $467 | $847 |
| Value after costs | $10,357 | $11,109 | $11,916 |
| Impact on return, per year | 1.43% | 1.43% | 1.43% |
INMIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2018.
- Explicit cost rate (commissions ÷ average net assets): 0.3140%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 154%
- Securities lending: none during the year
INMIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE | $1K | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.