KCVIX Fees and Costs — Knights of Columbus Large Cap Value Fund, Class I
Data updated: 2026-09-29
The net expense ratio is 0.75%: a 0.60% management fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $77K in broker commissions, 0.0295% of average net assets, and portfolio turnover was 53%.
KCVIX Fees and Expenses
Annual operating expenses and sales charges of KCVIX. Prospectus, as of March 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | — |
| Other expenses | 0.15% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 |
KCVIX Costs Over Time
On $10,000 invested in KCVIX, assuming 5% a year before costs, total costs come to $490 over 5 years, cutting the return by 0.82% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $82 | $269 | $490 |
| Value after costs | $10,418 | $11,308 | $12,273 |
| Impact on return, per year | 0.82% | 0.82% | 0.82% |
KCVIX 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): 0.0295%
- Total broker commissions: $77K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 53%
- Securities lending: none during the year
KCVIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GUGGENHEIM SECURITIES, LLC | $13K | 17.13% |
| CITIGROUP | $12K | 15.11% |
| J P MORGAN CHASE BANK | $11K | 14.83% |
| CANTOR FITZGERALD | $10K | 12.88% |
| EXANE, INC. | $9K | 12.24% |
| KEEFE BRUYETTE AND WOODS INC. | $7K | 8.76% |
| LEERINK SWANN AND COMPANY | $4K | 5.72% |
| GOLDMAN, SACHS & CO. | $4K | 4.60% |
| JONES (OPTIONS) | $3K | 4.39% |
| CANACCORD CAPITAL CORPORATION/CDS | $3K | 4.32% |
Knights of Columbus Large Cap Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| KCVIX | Class I | 0.75% | — |
| KCVSX | S Class | 0.85% | — |
| KCVVX | Investor Class | 1.15% | — |
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.