RYVYX Fees and Costs — NASDAQ-100(R) 2x Strategy Fund, Class H
Data updated: 2026-08-28
The net expense ratio is 1.78%: a 0.90% management fee, a 0.25% 12b-1 fee plus 0.76% other expenses, less a 0.13% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $458K in broker commissions, 0.0379% of average net assets, and portfolio turnover was 601%.
RYVYX Fees and Expenses
Annual operating expenses and sales charges of RYVYX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.76% |
| Gross expense ratio | 1.91% |
| Fee waiver | −0.13% |
| Net expense ratio | 1.78% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
RYVYX Costs Over Time
On $10,000 invested in RYVYX, assuming 5% a year before costs, total costs come to $1,119 over 5 years, cutting the return by 1.91% 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 1.78%) | $187 | $578 | $994 |
| Trading costs (broker commissions) | $4 | $12 | $21 |
| Lost growth on money paid in costs | $0 | $29 | $103 |
| Total costs | $191 | $620 | $1,119 |
| Value after costs | $10,309 | $10,956 | $11,644 |
| Impact on return, per year | 1.91% | 1.91% | 1.91% |
RYVYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0379%
- Total broker commissions: $458K
- Bought from dealers (principal trades, not a cost): $32.6B
- Portfolio turnover (prospectus): 601%
- Securities on loan, average value: $1.1M
- Net income from securities lending: $2K (0.000% of average net assets)
RYVYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $284K | 61.96% |
| BOFA SECURITIES, INC. | $74K | 16.20% |
| GOLDMAN SACHS & CO. LLC | $51K | 11.23% |
| BARCLAYS CAPITAL, INC. | $48K | 10.55% |
| BTIG, LLC | $284 | 0.06% |
RYVYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $13.6B | 42.41% |
| BARCLAYS CAPITAL, INC. | $5.2B | 16.17% |
| J.P. Morgan Securities LLC | $4.2B | 13.08% |
| BNP PARIBAS SECURITIES CORP. | $4.2B | 13.07% |
| BOFA SECURITIES, INC. | $2.1B | 6.51% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $1.4B | 4.30% |
| CitiGroup Global Markets Inc. | $546.1M | 1.70% |
| CASTLEOAK SECURITIES, LP | $319.0M | 0.99% |
| BMO CAPITAL MARKETS CORP. | $297.4M | 0.93% |
| Academy Securities, Inc. | $270.0M | 0.84% |
NASDAQ-100(R) 2x Strategy Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RYVLX | Class A | 1.71% | 4.75% |
| RYVYX | Class H | 1.78% | — |
| RYCCX | Class C | 2.46% | 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.