OFAFX Fees and Costs — Olstein All Cap Value Fund, Adviser Class
Data updated: 2026-05-28
The net expense ratio is 1.18%: a 1.00% management fee plus 0.18% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $86K in broker commissions, 0.0162% of average net assets, and portfolio turnover was 38%.
OFAFX Fees and Expenses
Annual operating expenses and sales charges of OFAFX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.18% |
| Gross expense ratio | 1.18% |
| Fee waiver | — |
| Net expense ratio | 1.18% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
OFAFX Costs Over Time
On $10,000 invested in OFAFX, assuming 5% a year before costs, total costs come to $745 over 5 years, cutting the return by 1.26% 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 1.18%) | $124 | $386 | $668 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $19 | $68 |
| Total costs | $126 | $410 | $745 |
| Value after costs | $10,374 | $11,166 | $12,018 |
| Impact on return, per year | 1.26% | 1.26% | 1.26% |
OFAFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0162%
- Total broker commissions: $86K
- Bought from dealers (principal trades, not a cost): $66K
- Portfolio turnover (prospectus): 38%
- Securities on loan, average value: $33.4M
- Net income from securities lending: $29K (0.006% of average net assets)
OFAFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. | $58K | 67.02% |
| Pershing, LLC | $16K | 18.35% |
| National Financial Services LLC | $11K | 12.51% |
| RBC Dominion Securities, Inc. | $2K | 2.11% |
OFAFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. | $66K | 100.00% |
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.