QTSSX Fees and Costs — Quantified Tactical Sectors Fund, Investor Class
Data updated: 2026-09-10
The net expense ratio is 1.72%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $44K in broker commissions, 0.0661% of average net assets, and portfolio turnover was 729%.
QTSSX Fees and Expenses
Annual operating expenses and sales charges of QTSSX. Prospectus, as of November 1, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.36% |
| 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 |
QTSSX Costs Over Time
On $10,000 invested in QTSSX, assuming 5% a year before costs, total costs come to $1,100 over 5 years, cutting the return by 1.88% 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 | $961 |
| Trading costs (broker commissions) | $7 | $21 | $37 |
| Lost growth on money paid in costs | $0 | $29 | $102 |
| Total costs | $188 | $609 | $1,100 |
| Value after costs | $10,312 | $10,967 | $11,663 |
| Impact on return, per year | 1.88% | 1.88% | 1.88% |
QTSSX 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): 0.0661%
- Total broker commissions: $44K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 729%
- Securities on loan, average value: $13.9M
- Net income from securities lending: $27K (0.039% of average net assets)
QTSSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Ceros Finacial Services, Inc. | $44K | 100.00% |
Quantified Tactical Sectors Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| QTSSX | Investor Class | 1.72% | — |
| QTSTX | C000225737 | 2.32% | — |
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.