QETCX Fees and Costs — Quantified Eckhardt Managed Futures Strategy Fund, Investor Class
Data updated: 2026-09-10
The net expense ratio is 1.72%. There are no sales loads or redemption fees. Portfolio turnover was 161%.
QETCX Fees and Expenses
Annual operating expenses and sales charges of QETCX. Prospectus, as of November 1, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.37% |
| Gross expense ratio | 1.72% |
| Fee waiver | — |
| Net expense ratio | 1.72% |
| 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 |
QETCX Costs Over Time
On $10,000 invested in QETCX, assuming 5% a year before costs, total costs come to $1,060 over 5 years, cutting the return by 1.81% 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 1.72%) | $181 | $559 | $963 |
| Lost growth on money paid in costs | $0 | $28 | $98 |
| Total costs | $181 | $587 | $1,060 |
| Value after costs | $10,319 | $10,989 | $11,702 |
| Impact on return, per year | 1.81% | 1.81% | 1.81% |
QETCX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $90.7M
- Portfolio turnover (prospectus): 161%
- Securities lending: none during the year
QETCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|
QETCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Ceros Finacial Services, Inc. | $90.7M | 100.00% |
Quantified Eckhardt Managed Futures Strategy Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| QETCX | Investor Class | 1.72% | — |
| QETAX | Advisor Class | 2.37% | — |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.