LBCGX Fees and Costs — Left Brain Compound Growth Fund
Data updated: 2022-07-27
The net expense ratio is 2.00%: a 2.00% management fee plus 0.76% other expenses, less a 0.76% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $6K in broker commissions, 0.0465% of average net assets, and portfolio turnover was 100%.
LBCGX Fees and Expenses
Annual operating expenses and sales charges of LBCGX. Prospectus, as of April 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 2.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.76% |
| Gross expense ratio | 2.76% |
| Fee waiver | −0.76% |
| Net expense ratio | 2.00% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
LBCGX Costs Over Time
On $10,000 invested in LBCGX, assuming 5% a year before costs, total costs come to $1,254 over 5 years, cutting the return by 2.15% 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 2.00%) | $210 | $648 | $1,112 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $33 | $116 |
| Total costs | $215 | $696 | $1,254 |
| Value after costs | $10,285 | $10,880 | $11,509 |
| Impact on return, per year | 2.15% | 2.15% | 2.15% |
LBCGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0465%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $2.6M
- Portfolio turnover (prospectus): 100%
- Securities lending: none during the year
LBCGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Dinosaur Financial Group, LLC | $3K | 61.62% |
| Interactive Brokers | $2K | 38.38% |
LBCGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Dinosaur Financial Group, LLC | $2.6M | 98.51% |
| Interactive Brokers | $39K | 1.49% |
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.