NEIMX Fees and Costs — Neiman Large Cap Value Fund, No-Load Shares
Data updated: 2026-08-26
The net expense ratio is 1.30%: a 1.00% management fee plus 0.44% other expenses, less a 0.15% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $261 in broker commissions, 0.0006% of average net assets, and portfolio turnover was 0%.
NEIMX Fees and Expenses
Annual operating expenses and sales charges of NEIMX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.44% |
| Gross expense ratio | 1.45% |
| Fee waiver | −0.15% |
| Net expense ratio | 1.30% |
| 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 | No |
NEIMX Costs Over Time
On $10,000 invested in NEIMX, assuming 5% a year before costs, total costs come to $809 over 5 years, cutting the return by 1.37% 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 1.30%) | $136 | $425 | $734 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $21 | $74 |
| Total costs | $137 | $446 | $809 |
| Value after costs | $10,363 | $11,130 | $11,954 |
| Impact on return, per year | 1.37% | 1.37% | 1.37% |
NEIMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0006%
- Total broker commissions: $261
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
NEIMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| AVENTURA SECURITIES, LLC | $261 | 100.00% |
Neiman Large Cap Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| NEAMX | Class A | 1.30% | 5.75% |
| NEIMX | No-Load Shares | 1.30% | none |
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.