SYMAX Fees and Costs — AlphaCentric Symmetry Strategy Fund, Class A
Data updated: 2026-08-27
The net expense ratio is 1.98% (2.33% 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 $15K in broker commissions, 0.0329% of average net assets, and portfolio turnover was 574%.
SYMAX Fees and Expenses
Annual operating expenses and sales charges of SYMAX. Prospectus, as of July 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.35% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.60% |
| Gross expense ratio | 2.33% |
| Fee waiver | −0.35% |
| Net expense ratio | 1.98% |
| 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 |
SYMAX Costs Over Time
On $10,000 invested in SYMAX, assuming 5% a year before costs, total costs come to $1,897 over 5 years, cutting the return by 3.32% 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 1.98%) | $196 | $605 | $1,038 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $29 | $121 | $267 |
| Total costs | $900 | $1,311 | $1,897 |
| Value after costs | $9,600 | $10,265 | $10,866 |
| Impact on return, per year | 9.00% | 4.12% | 3.32% |
SYMAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0329%
- Total broker commissions: $15K
- Bought from dealers (principal trades, not a cost): $40.8M
- Portfolio turnover (prospectus): 574%
- Securities lending: none during the year
SYMAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SG Americas Securities, LLC | $12K | 78.58% |
| RBC Capital Markets, LLC | $3K | 21.42% |
SYMAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| SG Americas Securities, LLC | $40.8M | 100.00% |
AlphaCentric Symmetry Strategy Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SYMIX | Class I | 1.73% | none |
| SYMAX | Class A | 1.98% | 5.75% |
| SYMCX | Class C | 2.73% | 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.