MEFOX Fees and Costs — Meehan Focus Fund
Data updated: 2026-07-30
The net expense ratio is 1.01%: a 0.80% management fee plus 0.26% other expenses, less a 0.05% fee waiver. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $20 in broker commissions, and portfolio turnover was 2%.
MEFOX Fees and Expenses
Annual operating expenses and sales charges of MEFOX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.26% |
| Gross expense ratio | 1.06% |
| Fee waiver | −0.05% |
| Net expense ratio | 1.01% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
MEFOX Costs Over Time
On $10,000 invested in MEFOX, assuming 5% a year before costs, total costs come to $632 over 5 years, cutting the return by 1.06% 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 1.01%) | $106 | $331 | $574 |
| Lost growth on money paid in costs | $0 | $16 | $58 |
| Total costs | $106 | $347 | $632 |
| Value after costs | $10,394 | $11,229 | $12,131 |
| Impact on return, per year | 1.06% | 1.06% | 1.06% |
MEFOX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: $20
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 2%
- Securities lending: none during the year
MEFOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CHARLES SCHWAB & CO., INC. | $20 | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.