OFVIX Fees and Costs — OShaughnessy Market Leaders Value Fund, Class I
Data updated: 2026-10-13
The net expense ratio is 0.55%: a 0.41% management fee plus 0.14% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $70K in broker commissions, 0.0262% of average net assets, and portfolio turnover was 83%.
OFVIX Fees and Expenses
Annual operating expenses and sales charges of OFVIX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.41% |
| 12b-1 fee | — |
| Other expenses | 0.14% |
| Gross expense ratio | 0.55% |
| Fee waiver | — |
| Net expense ratio | 0.55% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
OFVIX Costs Over Time
On $10,000 invested in OFVIX, assuming 5% a year before costs, total costs come to $363 over 5 years, cutting the return by 0.61% 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 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $61 | $199 | $363 |
| Value after costs | $10,439 | $11,377 | $12,399 |
| Impact on return, per year | 0.61% | 0.61% | 0.61% |
OFVIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0262%
- Total broker commissions: $70K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 83%
OFVIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG LLC | $15K | 21.81% |
| PIPER SANDLER & CO | $14K | 19.76% |
| WELLS FARGO SECURITIES LLC | $11K | 16.28% |
| Jonestrading Institutional Services LLC | $10K | 14.38% |
| Virtu Americas LLC | $5K | 7.69% |
| LADENBURG THALMANN & CO INC | $5K | 7.38% |
| Goldman Sachs & Co. LLC | $4K | 5.33% |
| BNP PARIBAS SECURITIES CORP. | $3K | 4.41% |
| RBC CAPITAL MARKETS, LLC | $1K | 2.03% |
| Academy Securities Inc. | $656 | 0.93% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.