ROGSX Fees and Costs — Red Oak Technology Select Fund
Data updated: 2026-09-29
The net expense ratio is 0.90%: a 0.74% management fee plus 0.16% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $22K in broker commissions, 0.0033% of average net assets, and portfolio turnover was 4%.
ROGSX Fees and Expenses
Annual operating expenses and sales charges of ROGSX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.74% |
| 12b-1 fee | — |
| Other expenses | 0.16% |
| Gross expense ratio | 0.90% |
| Fee waiver | — |
| Net expense ratio | 0.90% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
ROGSX Costs Over Time
On $10,000 invested in ROGSX, assuming 5% a year before costs, total costs come to $566 over 5 years, cutting the return by 0.95% 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 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $95 | $311 | $566 |
| Value after costs | $10,405 | $11,265 | $12,197 |
| Impact on return, per year | 0.95% | 0.95% | 0.95% |
ROGSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0033%
- Total broker commissions: $22K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 4%
- Securities on loan, average value: $11.0M
- Net income from securities lending: $13K (0.002% of average net assets)
ROGSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $19K | 85.33% |
| KEYBANC CAPITAL MARKETS INC | $2K | 10.85% |
| MORGAN STANLEY & CO INC | $800 | 3.57% |
| J.P. MORGAN SECURITIES LLC | $54 | 0.24% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.