RAALX Fees and Costs — Conductor Global Equity Value Fund, Class A
Data updated: 2022-09-28
The net expense ratio is 2.18%. This share class carries a maximum front-end sales load of 5.75% and a redemption fee of 1.00%. In fiscal 2021 the fund paid $32K in broker commissions, 0.0483% of average net assets, and portfolio turnover was 85%.
RAALX Fees and Expenses
Annual operating expenses and sales charges of RAALX. Prospectus, as of February 28, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 1.25% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.52% |
| Gross expense ratio | 2.18% |
| Fee waiver | — |
| Net expense ratio | 2.18% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
RAALX Costs Over Time
On $10,000 invested in RAALX, assuming 5% a year before costs, total costs come to $2,016 over 5 years, cutting the return by 3.55% 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 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 2.18%) | $216 | $665 | $1,138 |
| Trading costs (broker commissions) | $5 | $15 | $25 |
| Lost growth on money paid in costs | $29 | $125 | $278 |
| Total costs | $824 | $1,379 | $2,016 |
| Value after costs | $9,676 | $10,197 | $10,747 |
| Impact on return, per year | 8.24% | 4.35% | 3.55% |
RAALX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0483%
- Total broker commissions: $32K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 85%
- Securities on loan, average value: $4.6M
- Net income from securities lending: $64K (0.097% of average net assets)
RAALX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Bloomberg | $32K | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.