RYWBX Fees and Costs — Weakening Dollar 2x Strategy Fund, Class H
Data updated: 2026-08-28
The net expense ratio is 1.81%: a 0.90% management fee, a 0.25% 12b-1 fee plus 0.74% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1K in broker commissions, 0.0923% of average net assets, and portfolio turnover was 0%.
RYWBX Fees and Expenses
Annual operating expenses and sales charges of RYWBX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.74% |
| Gross expense ratio | 1.89% |
| Fee waiver | −0.08% |
| Net expense ratio | 1.81% |
| 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 |
RYWBX Costs Over Time
On $10,000 invested in RYWBX, assuming 5% a year before costs, total costs come to $1,169 over 5 years, cutting the return by 2.00% 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 1.81%) | $190 | $587 | $1,009 |
| Trading costs (broker commissions) | $10 | $30 | $51 |
| Lost growth on money paid in costs | $0 | $31 | $108 |
| Total costs | $200 | $648 | $1,169 |
| Value after costs | $10,300 | $10,928 | $11,594 |
| Impact on return, per year | 2.00% | 2.00% | 2.00% |
RYWBX 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): 0.0923%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $362.4M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
RYWBX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $1K | 100.00% |
RYWBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $164.3M | 45.35% |
| BOFA SECURITIES, INC. | $84.4M | 23.30% |
| BARCLAYS CAPITAL, INC. | $81.6M | 22.51% |
| GOLDMAN SACHS & CO. LLC | $32.0M | 8.84% |
Weakening Dollar 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 |
|---|---|---|---|
| RYWBX | Class H | 1.81% | — |
| RYWDX | Class A | 1.83% | 4.75% |
| RYWJX | 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.