SHIEX Fees and Costs — Catalyst Buffered Shield Fund, Class A
Data updated: 2026-09-11
The net expense ratio is 1.60% (2.46% before fee waivers). This share class carries a maximum front-end sales load of 5.75% and a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $1K in broker commissions, 0.0053% of average net assets, and portfolio turnover was 0%.
SHIEX Fees and Expenses
Annual operating expenses and sales charges of SHIEX. Prospectus, as of November 1, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.25% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.89% |
| Gross expense ratio | 2.46% |
| Fee waiver | −0.86% |
| Net expense ratio | 1.60% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 1.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
SHIEX Costs Over Time
On $10,000 invested in SHIEX, assuming 5% a year before costs, total costs come to $1,669 over 5 years, cutting the return by 2.90% 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 |
| Sales charges | $672 | $575 | $575 |
| Fund expenses (net expense ratio 1.60%) | $158 | $491 | $846 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $29 | $115 | $245 |
| Total costs | $860 | $1,183 | $1,669 |
| Value after costs | $9,640 | $10,394 | $11,094 |
| Impact on return, per year | 8.60% | 3.70% | 2.90% |
SHIEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0053%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
SHIEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INTERACTIVE BROKERS | $1K | 100.00% |
Catalyst Buffered Shield Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SHIIX | Class I | 1.35% | none |
| SHIEX | Class A | 1.60% | 5.75% |
| SHINX | Class C | 2.35% | 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.