QUAGX Fees and Costs — CCM Core Impact Equity Fund, Advisor Class
Data updated: 2024-02-29
The net expense ratio is 1.98%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.98% other expenses. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $5K in broker commissions, 0.0096% of average net assets, and portfolio turnover was 25%.
QUAGX Fees and Expenses
Annual operating expenses and sales charges of QUAGX. Prospectus, as of October 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.98% |
| Gross expense ratio | 1.98% |
| Fee waiver | — |
| Net expense ratio | 1.98% |
| 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 |
QUAGX Costs Over Time
On $10,000 invested in QUAGX, assuming 5% a year before costs, total costs come to $1,220 over 5 years, cutting the return by 2.09% 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 1.98%) | $208 | $642 | $1,102 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $32 | $113 |
| Total costs | $209 | $677 | $1,220 |
| Value after costs | $10,291 | $10,899 | $11,543 |
| Impact on return, per year | 2.09% | 2.09% | 2.09% |
QUAGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0096%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 25%
- Securities lending: none during the year
QUAGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JONES TRADING | $1K | 28.12% |
| GOLDMAN, SACHS & CO. | $973 | 18.29% |
| BLOOMBERG TRADEBOOK | $908 | 17.06% |
| LOOP CAPITAL MARKETS INC. | $670 | 12.60% |
| BMO CAPITAL MARKETS | $608 | 11.43% |
| WATERMILL INSTITUTIONAL TRADING LLC | $384 | 7.22% |
| COWEN | $178 | 3.34% |
| EDWARD D. JONES & CO. | $104 | 1.95% |
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.