KPRAX Fees and Costs — KP Retirement Path Retirement Income Fund, Institutional Class
Data updated: 2020-11-25
The net expense ratio is 0.33%. There are no sales loads or redemption fees. Portfolio turnover was 18%.
KPRAX Fees and Expenses
Annual operating expenses and sales charges of KPRAX. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.01% |
| 12b-1 fee | — |
| Other expenses | 0.05% |
| Gross expense ratio | 0.33% |
| Fee waiver | — |
| Net expense ratio | 0.33% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
KPRAX Costs Over Time
On $10,000 invested in KPRAX, assuming 5% a year before costs, total costs come to $209 over 5 years, cutting the return by 0.35% 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 0.33%) | $35 | $109 | $190 |
| Lost growth on money paid in costs | $0 | $5 | $19 |
| Total costs | $35 | $114 | $209 |
| Value after costs | $10,465 | $11,462 | $12,554 |
| Impact on return, per year | 0.35% | 0.35% | 0.35% |
KPRAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 18%
- Securities lending: none during the year
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.