SCRYX Fees and Costs — Small Cap Core Portfolio, Advisor Class
Data updated: 2026-08-26
The net expense ratio is 0.89%: a 0.80% management fee plus 0.09% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $423K in broker commissions, 0.0607% of average net assets, and portfolio turnover was 97%.
SCRYX Fees and Expenses
Annual operating expenses and sales charges of SCRYX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.09% |
| Gross expense ratio | 0.89% |
| Fee waiver | — |
| Net expense ratio | 0.89% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
SCRYX Costs Over Time
On $10,000 invested in SCRYX, assuming 5% a year before costs, total costs come to $595 over 5 years, cutting the return by 1.00% 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 0.89%) | $93 | $292 | $506 |
| Trading costs (broker commissions) | $6 | $20 | $35 |
| Lost growth on money paid in costs | $0 | $15 | $55 |
| Total costs | $100 | $327 | $595 |
| Value after costs | $10,400 | $11,249 | $12,168 |
| Impact on return, per year | 1.00% | 1.00% | 1.00% |
SCRYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0607%
- Total broker commissions: $423K
- Bought from dealers (principal trades, not a cost): $359.6M
- Portfolio turnover (prospectus): 97%
- Securities on loan, average value: $1.5M
- Net income from securities lending: $2K (0.000% of average net assets)
SCRYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $153K | 37.53% |
| Morgan Stanley & Co. LLC | $89K | 21.93% |
| Citigroup Global Markets Inc. | $50K | 12.31% |
| BofA Securities, Inc. | $46K | 11.19% |
| Jefferies LLC | $25K | 6.10% |
| J.P. Morgan Securities LLC | $16K | 4.03% |
| UBS Securities LLC | $8K | 1.89% |
| Barclays Capital Inc. | $8K | 1.86% |
| TD Securities (USA) LLC | $7K | 1.62% |
| Wells Fargo Securities, LLC | $6K | 1.54% |
SCRYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $359.6M | 100.00% |
Small Cap Core Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SCRZX | Class Z | 0.88% | none |
| SCRYX | Advisor Class | 0.89% | none |
| SCRSX | SCB Class | 1.13% | 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.