SJGAX Fees and Costs — Steward Large Cap Growth Fund, Class A
Data updated: 2026-09-28
The net expense ratio is 1.00%: a 0.50% management fee, a 0.25% 12b-1 fee plus 0.38% other expenses, less a 0.13% fee waiver. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2026 the fund paid $156K in broker commissions, 0.0716% of average net assets, and portfolio turnover was 106%.
SJGAX Fees and Expenses
Annual operating expenses and sales charges of SJGAX. Prospectus, as of August 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.38% |
| Gross expense ratio | 1.13% |
| Fee waiver | −0.13% |
| Net expense ratio | 1.00% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 | Yes |
SJGAX Costs Over Time
On $10,000 invested in SJGAX, assuming 5% a year before costs, total costs come to $1,365 over 5 years, cutting the return by 2.35% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.00%) | $99 | $309 | $535 |
| Trading costs (broker commissions) | $7 | $22 | $38 |
| Lost growth on money paid in costs | $29 | $107 | $217 |
| Total costs | $710 | $1,013 | $1,365 |
| Value after costs | $9,790 | $10,564 | $11,398 |
| Impact on return, per year | 7.10% | 3.16% | 2.35% |
SJGAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0716%
- Total broker commissions: $156K
- Bought from dealers (principal trades, not a cost): $86.9M
- Portfolio turnover (prospectus): 106%
- Securities lending: none during the year
SJGAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Susquehanna Financial Group, LLLP | $99K | 63.42% |
| WELLS FARGO SECURITIES, LLC | $29K | 18.77% |
| VIRTU ITG LLC | $28K | 17.81% |
SJGAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| The Northern Trust Company | $86.9M | 100.00% |
Steward Large Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SJGIX | Institutional Class | 0.75% | none |
| SJGRX | C000232250 | 0.75% | none |
| SJGAX | Class A | 1.00% | 5.75% |
| SJGCX | C000232252 | 1.75% | 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.