SUPRX Fees and Costs — SuperFund Managed Futures Strategy Fund, Class A
Data updated: 2024-03-01
The net expense ratio is 0.00%: a 2.99% management fee plus a 0.25% 12b-1 fee, less a 3.24% fee waiver. This share class carries a maximum front-end sales load of 5.75% and a redemption fee of 1.00%. Portfolio turnover was 0%.
SUPRX Fees and Expenses
Annual operating expenses and sales charges of SUPRX. Prospectus, as of February 29, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 2.99% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.00% |
| Gross expense ratio | 3.24% |
| Fee waiver | −3.24% |
| Net expense ratio | 0.00% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
SUPRX Costs Over Time
On $10,000 invested in SUPRX, assuming 5% a year before costs, total costs come to $734 over 5 years, cutting the return by 1.24% 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 0.00%) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $29 | $91 | $159 |
| Total costs | $604 | $666 | $734 |
| Value after costs | $9,896 | $10,911 | $12,029 |
| Impact on return, per year | 6.04% | 2.05% | 1.24% |
SUPRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
SUPRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ADM Investor Services, Inc. | $31K | 56.85% |
| INTL FCStone, Inc. | $23K | 43.15% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.