SFHYX Fees and Costs — Hundredfold Select Alternative Fund, Service Class
Data updated: 2026-10-09
The net expense ratio is 2.94%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2K in broker commissions, 0.0015% of average net assets, and portfolio turnover was 466%.
SFHYX Fees and Expenses
Annual operating expenses and sales charges of SFHYX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 2.94% |
| Fee waiver | — |
| Net expense ratio | 2.94% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SFHYX Costs Over Time
On $10,000 invested in SFHYX, assuming 5% a year before costs, total costs come to $1,770 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 2.94%) | $309 | $944 | $1,604 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $47 | $165 |
| Total costs | $309 | $992 | $1,770 |
| Value after costs | $10,191 | $10,584 | $10,993 |
| Impact on return, per year | 3.09% | 3.09% | 3.09% |
SFHYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0015%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $821.1M
- Portfolio turnover (prospectus): 466%
- Securities lending: none during the year
SFHYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Ceros Finacial Services, Inc. | $2K | 100.00% |
SFHYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Ceros Finacial Services, Inc. | $817.2M | 99.53% |
| US Bancorp | $3.9M | 0.47% |
Hundredfold Select Alternative Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| HFSAX | Investor Class | 2.02% | — |
| SFHYX | Service Class | 2.94% | — |
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.