JSPJX Fees and Costs — Jackson Square Large-Cap Growth Fund, Investor Class
Data updated: 2026-03-12
The net expense ratio is 0.99% (1.11% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $82K in broker commissions, 0.0483% of average net assets, and portfolio turnover was 13%.
JSPJX Fees and Expenses
Annual operating expenses and sales charges of JSPJX. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.25% |
| Other expenses | — |
| Gross expense ratio | 1.11% |
| Fee waiver | −0.12% |
| Net expense ratio | 0.99% |
| 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 |
JSPJX Costs Over Time
On $10,000 invested in JSPJX, assuming 5% a year before costs, total costs come to $649 over 5 years, cutting the return by 1.09% 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 0.99%) | $104 | $324 | $562 |
| Trading costs (broker commissions) | $5 | $16 | $27 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $109 | $357 | $649 |
| Value after costs | $10,391 | $11,219 | $12,114 |
| Impact on return, per year | 1.09% | 1.09% | 1.09% |
JSPJX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0483%
- Total broker commissions: $82K
- Bought from dealers (principal trades, not a cost): $1.7M
- Portfolio turnover (prospectus): 13%
- Securities lending: none during the year
JSPJX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| National Financial Services, LLC | $82K | 100.00% |
JSPJX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Societe Generale Securities Corp. | $1.7M | 100.00% |
Jackson Square Large-Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DPLGX | IS Class | 0.64% | — |
| JSPIX | Institutional Class | 0.74% | — |
| JSPJX | Investor Class | 0.99% | — |
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.