NCGFX Fees and Costs — New Covenant Growth Fund
Data updated: 2026-09-14
The net expense ratio is 0.98%: a 0.47% management fee plus 0.51% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $12K in broker commissions, 0.0002% of average net assets, and portfolio turnover was 5%.
NCGFX Fees and Expenses
Annual operating expenses and sales charges of NCGFX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.51% |
| Gross expense ratio | 0.98% |
| Fee waiver | — |
| Net expense ratio | 0.98% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
NCGFX Costs Over Time
On $10,000 invested in NCGFX, assuming 5% a year before costs, total costs come to $613 over 5 years, cutting the return by 1.03% 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 0.98%) | $103 | $321 | $557 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $103 | $337 | $613 |
| Value after costs | $10,397 | $11,239 | $12,149 |
| Impact on return, per year | 1.03% | 1.03% | 1.03% |
NCGFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0002%
- Total broker commissions: $12K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 5%
- Securities lending: none during the year
NCGFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| LOOP CAPITAL MARKETS INC. | $5K | 38.42% |
| PIPER JAFFRAY | $2K | 16.00% |
| UBS | $1K | 12.45% |
| J P MORGAN CHASE BANK | $1K | 10.64% |
| THEMIS TRADING LLC | $1K | 9.85% |
| JEFFERIES LLC | $872 | 7.39% |
| CANACCORD CAPITAL CORPORATION/CDS | $499 | 4.22% |
| ACCESS SECURITIES, INC. | $78 | 0.66% |
| MORGAN STANLEY & CO, INC | $44 | 0.37% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.