QGLDX Fees and Costs — The Gold Bullion Strategy Fund, Investor Class
Data updated: 2026-08-14
The net expense ratio is 1.50%. 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%.
QGLDX Fees and Expenses
Annual operating expenses and sales charges of QGLDX. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.35% |
| Gross expense ratio | 1.50% |
| Fee waiver | — |
| Net expense ratio | 1.50% |
| 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 |
QGLDX Costs Over Time
On $10,000 invested in QGLDX, assuming 5% a year before costs, total costs come to $929 over 5 years, cutting the return by 1.58% 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 1.50%) | $158 | $489 | $843 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $24 | $86 |
| Total costs | $158 | $513 | $929 |
| Value after costs | $10,342 | $11,063 | $11,834 |
| Impact on return, per year | 1.58% | 1.58% | 1.58% |
QGLDX 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)
QGLDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Ceros Finacial Services, Inc. | $668 | 100.00% |
QGLDX 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.