PFSEX Fees and Costs — PFG JP Morgan Tactical Aggressive Strategy Fund, Class I
Data updated: 2026-09-28
The net expense ratio is 2.23%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $51K in broker commissions, 0.0157% of average net assets, and portfolio turnover was 58%.
PFSEX Fees and Expenses
Annual operating expenses and sales charges of PFSEX. Prospectus, as of August 25, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.70% |
| Gross expense ratio | 2.23% |
| Fee waiver | — |
| Net expense ratio | 2.23% |
| 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 | No |
| Waived fees subject to recoupment | No |
PFSEX Costs Over Time
On $10,000 invested in PFSEX, assuming 5% a year before costs, total costs come to $1,370 over 5 years, cutting the return by 2.36% 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 2.23%) | $234 | $721 | $1,234 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $36 | $127 |
| Total costs | $236 | $763 | $1,370 |
| Value after costs | $10,264 | $10,814 | $11,393 |
| Impact on return, per year | 2.36% | 2.36% | 2.36% |
PFSEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0157%
- Total broker commissions: $51K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 58%
- Securities lending: none during the year
PFSEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Ceros | $51K | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.