OISGX Fees and Costs — Optimum Small-Mid Cap Growth Fund, Institutional Class
Data updated: 2026-08-26
The net expense ratio is 1.19%: a 0.97% management fee plus 0.33% other expenses, less a 0.11% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2.1M in broker commissions, 0.2833% of average net assets, and portfolio turnover was 152%.
OISGX Fees and Expenses
Annual operating expenses and sales charges of OISGX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.97% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.33% |
| Gross expense ratio | 1.30% |
| Fee waiver | −0.11% |
| Net expense ratio | 1.19% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
OISGX Costs Over Time
On $10,000 invested in OISGX, assuming 5% a year before costs, total costs come to $913 over 5 years, cutting the return by 1.55% 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 1.19%) | $125 | $388 | $669 |
| Trading costs (broker commissions) | $30 | $92 | $159 |
| Lost growth on money paid in costs | $0 | $24 | $84 |
| Total costs | $155 | $504 | $913 |
| Value after costs | $10,345 | $11,072 | $11,850 |
| Impact on return, per year | 1.55% | 1.55% | 1.55% |
OISGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.2833%
- Total broker commissions: $2.1M
- Bought from dealers (principal trades, not a cost): $7.2M
- Portfolio turnover (prospectus): 152%
- Securities lending: none during the year
OISGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $290K | 19.29% |
| BARCLAYS CAPITAL, INC. | $278K | 18.50% |
| UBS SECURITIES LLC | $190K | 12.63% |
| Citation Capital Management Limited | $187K | 12.41% |
| GOLDMAN SACHS & CO. LLC | $145K | 9.61% |
| TD SECURITIES (USA) LLC | $93K | 6.18% |
| ROBERT W. BAIRD & CO. INC. | $92K | 6.13% |
| JEFFERIES LLC | $90K | 6.00% |
| J.P. Morgan Securities LLC | $75K | 5.01% |
| PIPER SANDLER & CO. | $64K | 4.23% |
OISGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $4.1M | 57.02% |
| GOLDMAN SACHS & CO. LLC | $1.5M | 21.26% |
| JEFFERIES LLC | $1.1M | 15.52% |
| J.P. Morgan Securities LLC | $445K | 6.21% |
Optimum Small-Mid Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| OISGX | Institutional Class | 1.19% | none |
| OASGX | Class A | 1.44% | 5.75% |
| OCSGX | Class C | 2.19% | none |
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.