OVEEX Fees and Costs — Overlay Shares Enhanced Equity Fund
Data updated: 2026-07-08
The net expense ratio is 2.49%. There are no sales loads or redemption fees.
OVEEX Fees and Expenses
Annual operating expenses and sales charges of OVEEX. Prospectus, as of July 9, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.49% |
| 12b-1 fee | 0.00% |
| Other expenses | 3.55% |
| Gross expense ratio | — |
| Fee waiver | −1.06% |
| Net expense ratio | 2.49% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
OVEEX Costs Over Time
On $10,000 invested in OVEEX, assuming 5% a year before costs, total costs come to $1,512 over 5 years, cutting the return by 2.61% 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 2.49%) | $261 | $803 | $1,371 |
| Lost growth on money paid in costs | $0 | $40 | $141 |
| Total costs | $261 | $843 | $1,512 |
| Value after costs | $10,239 | $10,733 | $11,251 |
| Impact on return, per year | 2.61% | 2.61% | 2.61% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.