PROCX Fees and Costs — Probabilities Fund, Class C
Data updated: 2023-05-26
The net expense ratio is 3.18% (3.42% before fee waivers). There are no sales loads or redemption fees. In fiscal 2022 the fund paid $4K in broker commissions, 0.0163% of average net assets, and portfolio turnover was 1492%.
PROCX Fees and Expenses
Annual operating expenses and sales charges of PROCX. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 1.35% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.78% |
| Gross expense ratio | 3.42% |
| Fee waiver | −0.24% |
| Net expense ratio | 3.18% |
| 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 | Yes |
| Waived fees subject to recoupment | Yes |
PROCX Costs Over Time
On $10,000 invested in PROCX, assuming 5% a year before costs, total costs come to $1,913 over 5 years, cutting the return by 3.36% 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 3.18%) | $334 | $1,018 | $1,725 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $51 | $179 |
| Total costs | $336 | $1,075 | $1,913 |
| Value after costs | $10,164 | $10,501 | $10,849 |
| Impact on return, per year | 3.36% | 3.36% | 3.36% |
PROCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0163%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 1492%
- Securities lending: none during the year
PROCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Garwood Securities | $4K | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.