STQUX Fees and Costs — AmericaFirst Seasonal Rotation Fund, Class U
Data updated: 2020-05-29
The net expense ratio is 3.14% (3.72% before fee waivers). This share class carries a maximum front-end sales load of 2.50%, a deferred sales charge of up to 1.00% and a redemption fee of 1.00%. In fiscal 2019 the fund paid $19K in broker commissions, 0.2668% of average net assets, and portfolio turnover was 497%.
STQUX Fees and Expenses
Annual operating expenses and sales charges of STQUX. Prospectus, as of October 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 1.25% |
| 12b-1 fee | 1.00% |
| Other expenses | 1.44% |
| Gross expense ratio | 3.72% |
| Fee waiver | −0.58% |
| Net expense ratio | 3.14% |
| Sales charges | |
|---|---|
| Max front load | 2.50% |
| Max deferred load | 1.00% |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
STQUX Costs Over Time
On $10,000 invested in STQUX, assuming 5% a year before costs, total costs come to $2,299 over 5 years, cutting the return by 4.09% 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 |
| Sales charges | $349 | $250 | $250 |
| Fund expenses (net expense ratio 3.14%) | $321 | $978 | $1,654 |
| Trading costs (broker commissions) | $27 | $83 | $141 |
| Lost growth on money paid in costs | $13 | $93 | $255 |
| Total costs | $710 | $1,404 | $2,299 |
| Value after costs | $9,790 | $10,172 | $10,464 |
| Impact on return, per year | 7.10% | 4.43% | 4.09% |
STQUX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.2668%
- Total broker commissions: $19K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 497%
- Securities lending: none during the year
STQUX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities, LLC | $19K | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.