OCHIX Fees and Costs — Oberweis China Opportunities Fund, Institutional Class
Data updated: 2026-08-28
The net expense ratio is 1.55%: a 1.00% management fee plus 0.58% other expenses, less a 0.03% fee waiver. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $215K in broker commissions, 0.4654% of average net assets, and portfolio turnover was 127%.
OCHIX Fees and Expenses
Annual operating expenses and sales charges of OCHIX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.58% |
| Gross expense ratio | 1.58% |
| Fee waiver | −0.03% |
| Net expense ratio | 1.55% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
OCHIX Costs Over Time
On $10,000 invested in OCHIX, assuming 5% a year before costs, total costs come to $1,235 over 5 years, cutting the return by 2.12% 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 1.55%) | $163 | $502 | $862 |
| Trading costs (broker commissions) | $49 | $151 | $259 |
| Lost growth on money paid in costs | $0 | $33 | $114 |
| Total costs | $212 | $686 | $1,235 |
| Value after costs | $10,288 | $10,890 | $11,528 |
| Impact on return, per year | 2.12% | 2.12% | 2.12% |
OCHIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.4654%
- Total broker commissions: $215K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 127%
- Securities lending: none during the year
OCHIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Daiwa Capital Markets America, Inc. | $59K | 27.83% |
| HSBC Securities (USA), Inc. | $31K | 14.66% |
| Merrill Lynch Capital Markets | $28K | 12.97% |
| Goldman Sachs & Co. | $27K | 12.54% |
| Morgan Stanley & Co. | $26K | 12.08% |
| Huatai Securities | $21K | 9.88% |
| Haitong International Securities | $9K | 4.39% |
| The Benchmark Co. LLC | $5K | 2.31% |
| Liquidnet, Inc. | $4K | 1.74% |
| China International Cap Corp | $3K | 1.60% |
Oberweis China Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| OCHIX | Institutional Class | 1.55% | — |
| OBCHX | Investor Class | 1.80% | — |
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.