RDMIX Fees and Costs — Return Stacked Balanced Allocation & Systematic Macro Fund, Institutional Shares
Data updated: 2026-08-28
The net expense ratio is 2.02% (2.44% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $467K in broker commissions, 0.9276% of average net assets, and portfolio turnover was 87%.
RDMIX Fees and Expenses
Annual operating expenses and sales charges of RDMIX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.64% |
| Gross expense ratio | 2.44% |
| Fee waiver | −0.42% |
| Net expense ratio | 2.02% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
RDMIX Costs Over Time
On $10,000 invested in RDMIX, assuming 5% a year before costs, total costs come to $1,773 over 5 years, cutting the return by 3.09% 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 2.02%) | $212 | $648 | $1,102 |
| Trading costs (broker commissions) | $97 | $298 | $506 |
| Lost growth on money paid in costs | $0 | $47 | $166 |
| Total costs | $309 | $994 | $1,773 |
| Value after costs | $10,191 | $10,582 | $10,989 |
| Impact on return, per year | 3.09% | 3.09% | 3.09% |
RDMIX 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): 0.9276%
- Total broker commissions: $467K
- Bought from dealers (principal trades, not a cost): $8.0B
- Portfolio turnover (prospectus): 87%
- Securities lending: none during the year
RDMIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| R.J. O'BRIEN | $466K | 99.82% |
| STONEX FINANCIAL INC | $838 | 0.18% |
RDMIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| R.J. O'BRIEN | $7.9B | 98.96% |
| US BANCORP | $83.1M | 1.04% |
Return Stacked Balanced Allocation & Systematic Macro Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RDMIX | Institutional Shares | 2.02% | none |
| RDMAX | Class A | 2.27% | 5.75% |
| RDMCX | Class C | 3.02% | 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.