QMLFX Fees and Costs — Quantified Market Leaders Fund, Investor Class
Data updated: 2026-09-10
The net expense ratio is 1.53%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $99K in broker commissions, 0.0903% of average net assets, and portfolio turnover was 1119%.
QMLFX Fees and Expenses
Annual operating expenses and sales charges of QMLFX. Prospectus, as of November 1, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.34% |
| Gross expense ratio | 1.53% |
| Fee waiver | — |
| Net expense ratio | 1.53% |
| 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 |
QMLFX Costs Over Time
On $10,000 invested in QMLFX, assuming 5% a year before costs, total costs come to $1,001 over 5 years, cutting the return by 1.70% 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 1.53%) | $161 | $498 | $858 |
| Trading costs (broker commissions) | $9 | $29 | $51 |
| Lost growth on money paid in costs | $0 | $26 | $92 |
| Total costs | $170 | $554 | $1,001 |
| Value after costs | $10,330 | $11,023 | $11,762 |
| Impact on return, per year | 1.70% | 1.70% | 1.70% |
QMLFX 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): 0.0903%
- Total broker commissions: $99K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 1119%
- Securities on loan, average value: $17.7M
- Net income from securities lending: $65K (0.059% of average net assets)
QMLFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Ceros Finacial Services, Inc. | $99K | 100.00% |
Quantified Market Leaders Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| QMLFX | Investor Class | 1.53% | — |
| QMLAX | Advisor Class | 2.13% | — |
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.