LOGOX Fees and Costs — Scharf Multi-Asset Opportunity Fund, Institutional Class
Data updated: 2026-08-28
The net expense ratio is 0.95%: a 0.65% management fee plus 0.51% other expenses, less a 0.21% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $9K in broker commissions, 0.0190% of average net assets, and portfolio turnover was 29%.
LOGOX Fees and Expenses
Annual operating expenses and sales charges of LOGOX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.51% |
| Gross expense ratio | 1.16% |
| Fee waiver | −0.21% |
| Net expense ratio | 0.95% |
| Sales charges | |
|---|---|
| Max front load | — |
| 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 | Yes |
LOGOX Costs Over Time
On $10,000 invested in LOGOX, assuming 5% a year before costs, total costs come to $606 over 5 years, cutting the return by 1.02% 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 0.95%) | $100 | $311 | $540 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $102 | $333 | $606 |
| Value after costs | $10,398 | $11,243 | $12,156 |
| Impact on return, per year | 1.02% | 1.02% | 1.02% |
LOGOX 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): 0.0190%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $15.4M
- Portfolio turnover (prospectus): 29%
- Securities lending: none during the year
LOGOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $5K | 53.12% |
| SANFORD C. BERNSTEIN & CO. LLC | $4K | 44.46% |
| LEERINK PARTNERS LLC | $168 | 1.81% |
| CHARLES SCHWAB & CO. INC. | $57 | 0.61% |
LOGOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CHARLES SCHWAB & CO., INC. | $15.4M | 100.00% |
Scharf Multi-Asset Opportunity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LOGOX | Institutional Class | 0.95% | — |
| LOGBX | Retail Class | 1.20% | — |
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.