ODGIX Fees and Costs — North Square Advisory Research Small Cap Growth Fund, Class I
Data updated: 2024-02-01
The net expense ratio is 0.94%: a 0.70% management fee plus 0.66% other expenses, less a 0.42% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $46K in broker commissions, 0.4064% of average net assets, and portfolio turnover was 182%.
ODGIX Fees and Expenses
Annual operating expenses and sales charges of ODGIX. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | — |
| Other expenses | 0.66% |
| Gross expense ratio | 1.36% |
| Fee waiver | −0.42% |
| Net expense ratio | 0.94% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
ODGIX Costs Over Time
On $10,000 invested in ODGIX, assuming 5% a year before costs, total costs come to $836 over 5 years, cutting the return by 1.41% 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 0.94%) | $99 | $307 | $530 |
| Trading costs (broker commissions) | $43 | $133 | $229 |
| Lost growth on money paid in costs | $0 | $22 | $77 |
| Total costs | $141 | $461 | $836 |
| Value after costs | $10,359 | $11,115 | $11,926 |
| Impact on return, per year | 1.41% | 1.41% | 1.41% |
ODGIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.4064%
- Total broker commissions: $46K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 182%
- Securities lending: none during the year
ODGIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| WILLIAM BLAIR & COMPANY L.L.C. | $10K | 22.65% |
| ROBERT W. BAIRD & CO. INCORPORATED | $7K | 16.78% |
| OPPENHEIMER & CO. INC. | $6K | 13.53% |
| JEFFERIES LLC | $6K | 13.01% |
| BAYPOINT TRADING, LLC | $5K | 10.50% |
| MORGAN STANLEY & CO. INC. | $3K | 7.31% |
| RAYMOND JAMES & ASSOCIATES, INC. | $2K | 5.30% |
| STEPHENS INC. | $2K | 4.02% |
| PIPER JAFFRAY & CO. | $2K | 3.46% |
| JONESTRADING | $2K | 3.43% |
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.