QALTX Fees and Costs — Quantified Alternative Investment Fund, Investor Class
Data updated: 2026-09-10
The net expense ratio is 2.41%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $33K in broker commissions, 0.2291% of average net assets, and portfolio turnover was 659%.
QALTX Fees and Expenses
Annual operating expenses and sales charges of QALTX. Prospectus, as of June 11, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.42% |
| Gross expense ratio | 2.41% |
| Fee waiver | — |
| Net expense ratio | 2.41% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
QALTX Costs Over Time
On $10,000 invested in QALTX, assuming 5% a year before costs, total costs come to $1,598 over 5 years, cutting the return by 2.77% 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 2.41%) | $253 | $776 | $1,323 |
| Trading costs (broker commissions) | $24 | $74 | $126 |
| Lost growth on money paid in costs | $0 | $43 | $149 |
| Total costs | $277 | $893 | $1,598 |
| Value after costs | $10,223 | $10,684 | $11,165 |
| Impact on return, per year | 2.77% | 2.77% | 2.77% |
QALTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.2291%
- Total broker commissions: $33K
- Bought from dealers (principal trades, not a cost): $666K
- Portfolio turnover (prospectus): 659%
- Securities on loan, average value: $1.8M
- Net income from securities lending: $20K (0.136% of average net assets)
QALTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Ceros Finacial Services, Inc. | $33K | 100.00% |
QALTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Ceros Finacial Services, Inc. | $666K | 100.00% |
Quantified Alternative Investment Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| QALTX | Investor Class | 2.41% | — |
| QALAX | Advisor Class | 3.06% | — |
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.