TPIAX Fees and Costs — Timothy Plan International Fund, Class A
Data updated: 2026-08-26
The net expense ratio is 1.63%: a 1.00% management fee, a 0.25% 12b-1 fee plus 0.42% other expenses, less a 0.05% fee waiver. This share class carries a maximum front-end sales load of 5.50%. In fiscal 2025 the fund paid $22K in broker commissions, 0.0116% of average net assets, and portfolio turnover was 16%.
TPIAX Fees and Expenses
Annual operating expenses and sales charges of TPIAX. Prospectus, as of May 5, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.42% |
| Gross expense ratio | 1.68% |
| Fee waiver | −0.05% |
| Net expense ratio | 1.63% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| 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 | No |
TPIAX Costs Over Time
On $10,000 invested in TPIAX, assuming 5% a year before costs, total costs come to $1,660 over 5 years, cutting the return by 2.89% 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 | $550 | $550 | $550 |
| Fund expenses (net expense ratio 1.63%) | $162 | $501 | $863 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $27 | $112 | $240 |
| Total costs | $740 | $1,167 | $1,660 |
| Value after costs | $9,760 | $10,410 | $11,103 |
| Impact on return, per year | 7.40% | 3.65% | 2.89% |
TPIAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0116%
- Total broker commissions: $22K
- Bought from dealers (principal trades, not a cost): $36.8M
- Portfolio turnover (prospectus): 16%
- Securities lending: none during the year
TPIAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON | $22K | 100.00% |
| US BANCORP | $0 | 0.00% |
TPIAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| US BANCORP | $36.5M | 100.00% |
Timothy Plan International Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TPIIX | Class I | 1.38% | — |
| TPIAX | Class A | 1.63% | 5.50% |
| TPICX | Class C | 2.38% | 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.