OCFS Fees and Costs — Otter Creek Focus Strategy ETF
Data updated: 2026-01-13
The net expense ratio is 0.85%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $9K in broker commissions, 0.1013% of average net assets, and portfolio turnover was 7%.
OCFS Fees and Expenses
Annual operating expenses and sales charges of OCFS. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.85% |
| Fee waiver | — |
| Net expense ratio | 0.85% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
OCFS Costs Over Time
On $10,000 invested in OCFS, assuming 5% a year before costs, total costs come to $596 over 5 years, cutting the return by 1.00% 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 0.85%) | $89 | $279 | $483 |
| Trading costs (broker commissions) | $11 | $33 | $58 |
| Lost growth on money paid in costs | $0 | $15 | $55 |
| Total costs | $100 | $327 | $596 |
| Value after costs | $10,400 | $11,249 | $12,167 |
| Impact on return, per year | 1.00% | 1.00% | 1.00% |
OCFS Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1013%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 7%
- Securities lending: none during the year
OCFS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $4K | 40.77% |
| MERRILL LYNCH PROFESSIONAL CLEARING CORP. | $2K | 24.14% |
| J.P. MORGAN SECURITIES LLC | $783 | 8.83% |
| RAYMOND JAMES & ASSOCIATES, INC. | $775 | 8.74% |
| JEFFERIES LLC | $619 | 6.98% |
| ITG INC. | $366 | 4.13% |
| WILLIAM BLAIR & COMPANY L.L.C. | $344 | 3.88% |
| ROBERT W. BAIRD & CO. INCORPORATED | $139 | 1.57% |
| MORGAN STANLEY & CO. LLC | $85 | 0.96% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.