KCCIX Fees and Costs — Knights of Columbus Core Bond Fund, Institutional Class
Data updated: 2026-09-29
The net expense ratio is 0.50%: a 0.40% management fee plus 0.17% other expenses, less a 0.07% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 36%.
KCCIX Fees and Expenses
Annual operating expenses and sales charges of KCCIX. Prospectus, as of March 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | — |
| Other expenses | 0.17% |
| Gross expense ratio | 0.57% |
| Fee waiver | −0.07% |
| Net expense ratio | 0.50% |
| 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 | Yes |
KCCIX Costs Over Time
On $10,000 invested in KCCIX, assuming 5% a year before costs, total costs come to $316 over 5 years, cutting the return by 0.52% 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 0.50%) | $52 | $165 | $287 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $52 | $173 | $316 |
| Value after costs | $10,448 | $11,403 | $12,447 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
KCCIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $276.5M
- Portfolio turnover (prospectus): 36%
- Securities lending: none during the year
KCCIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| DEUTSCHE BANK SECURITIES, INC. | $49.5M | 22.79% |
| J P MORGAN CHASE BANK | $36.4M | 16.77% |
| GOLDMAN, SACHS & CO. | $32.5M | 14.95% |
| BARCLAY BANK PLC | $22.6M | 10.42% |
| BAML | $19.2M | 8.86% |
| WELLS FARGO | $12.9M | 5.94% |
| BANK OF NEW YORK | $12.7M | 5.82% |
| MORGAN STANLEY & CO, INC | $12.2M | 5.61% |
| BMO CAPITAL | $10.0M | 4.61% |
| CITIGROUP | $9.2M | 4.23% |
Knights of Columbus Core Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| KCCIX | Institutional Class | 0.50% | — |
| KCCSX | S Class | 0.60% | — |
| KCCVX | Investor Class | 0.75% | — |
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.