JOJO Fees and Costs — ATAC Credit Rotation ETF
Data updated: 2026-07-29
The net expense ratio is 1.24% (1.51% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $5K in broker commissions, 0.1069% of average net assets, and portfolio turnover was 1141%.
JOJO Fees and Expenses
Annual operating expenses and sales charges of JOJO. Prospectus, as of December 22, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 1.51% |
| Fee waiver | −0.27% |
| Net expense ratio | 1.24% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
JOJO Costs Over Time
On $10,000 invested in JOJO, assuming 5% a year before costs, total costs come to $837 over 5 years, cutting the return by 1.41% 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 1.24%) | $130 | $405 | $699 |
| Trading costs (broker commissions) | $11 | $35 | $60 |
| Lost growth on money paid in costs | $0 | $22 | $77 |
| Total costs | $141 | $461 | $837 |
| Value after costs | $10,359 | $11,115 | $11,926 |
| Impact on return, per year | 1.41% | 1.41% | 1.41% |
JOJO 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): 0.1069%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 1141%
- Securities on loan, average value: $1.3M
- Net income from securities lending: $7K (0.138% of average net assets)
JOJO Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $5K | 88.10% |
| MISCHLER FINANCIAL GROUP, INC. | $640 | 11.83% |
| PERSHING LLC | $2 | 0.03% |
| GOLDMAN SACHS & CO. LLC | $1 | 0.02% |
| ROBERT W. BAIRD & CO. INCORPORATED | $1 | 0.02% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.