QGLCX Fees and Costs — The Gold Bullion Strategy Fund, Advisor Class
Data updated: 2026-08-14
The net expense ratio is 2.10%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $668 in broker commissions, 0.0005% of average net assets, and portfolio turnover was 133%.
QGLCX Fees and Expenses
Annual operating expenses and sales charges of QGLCX. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.20% |
| Gross expense ratio | 2.10% |
| Fee waiver | — |
| Net expense ratio | 2.10% |
| 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 |
QGLCX Costs Over Time
On $10,000 invested in QGLCX, assuming 5% a year before costs, total costs come to $1,285 over 5 years, cutting the return by 2.21% 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 2.10%) | $220 | $680 | $1,166 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $34 | $119 |
| Total costs | $221 | $714 | $1,285 |
| Value after costs | $10,279 | $10,862 | $11,478 |
| Impact on return, per year | 2.21% | 2.21% | 2.21% |
QGLCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0005%
- Total broker commissions: $668
- Bought from dealers (principal trades, not a cost): $305
- Portfolio turnover (prospectus): 133%
- Securities on loan, average value: $4.9M
- Net income from securities lending: $10K (0.007% of average net assets)
QGLCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Ceros Finacial Services, Inc. | $668 | 100.00% |
QGLCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Ceros Finacial Services, Inc. | $305 | 100.00% |
The Gold Bullion 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 |
|---|---|---|---|
| QGLAX | C000143961 | 1.50% | 5.75% |
| QGLDX | Investor Class | 1.50% | none |
| QGLCX | Advisor Class | 2.10% | none |
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.