LIOTX Fees and Costs — Issachar Fund, Class I
Data updated: 2025-08-21
The net expense ratio is 3.23%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $61K in broker commissions, 0.4312% of average net assets, and portfolio turnover was 1573%.
LIOTX Fees and Expenses
Annual operating expenses and sales charges of LIOTX. Prospectus, as of January 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 2.11% |
| Gross expense ratio | 3.23% |
| Fee waiver | — |
| Net expense ratio | 3.23% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
LIOTX Costs Over Time
On $10,000 invested in LIOTX, assuming 5% a year before costs, total costs come to $2,171 over 5 years, cutting the return by 3.84% 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 3.23%) | $339 | $1,029 | $1,735 |
| Trading costs (broker commissions) | $45 | $137 | $232 |
| Lost growth on money paid in costs | $0 | $59 | $204 |
| Total costs | $384 | $1,226 | $2,171 |
| Value after costs | $10,116 | $10,351 | $10,591 |
| Impact on return, per year | 3.84% | 3.84% | 3.84% |
LIOTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.4312%
- Total broker commissions: $61K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 1573%
- Securities lending: none during the year
LIOTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Ceros | $61K | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.