SRIFX Fees and Costs — FundX Sustainable Impact Fund, Investor Class
Data updated: 2023-04-27
The net expense ratio is 1.83% (2.01% before fee waivers). There are no sales loads or redemption fees. In fiscal 2022 the fund paid $6K in broker commissions, 0.0297% of average net assets, and portfolio turnover was 209%.
SRIFX Fees and Expenses
Annual operating expenses and sales charges of SRIFX. Prospectus, as of January 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.53% |
| Gross expense ratio | 2.01% |
| Fee waiver | −0.18% |
| Net expense ratio | 1.83% |
| 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 | Yes |
SRIFX Costs Over Time
On $10,000 invested in SRIFX, assuming 5% a year before costs, total costs come to $1,143 over 5 years, cutting the return by 1.95% 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 1.83%) | $192 | $594 | $1,021 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $30 | $106 |
| Total costs | $195 | $634 | $1,143 |
| Value after costs | $10,305 | $10,942 | $11,619 |
| Impact on return, per year | 1.95% | 1.95% | 1.95% |
SRIFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0297%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 209%
- Securities lending: none during the year
SRIFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MKM PARTNERS LLC | $3K | 42.22% |
| MERRILL LYNCH PROFESSIONAL CLEARING CORP. | $2K | 32.84% |
| DASH FINANCIAL TECHNOLOGIES LLC | $2K | 24.94% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.