TRSDX Fees and Costs — TorrayResolute Small/Mid Cap Growth Fund, Investor Class
Data updated: 2022-03-14
The net expense ratio is 1.26%: a 0.80% management fee, a 0.25% 12b-1 fee plus 2.15% other expenses, less a 1.95% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 33%.
TRSDX Fees and Expenses
Annual operating expenses and sales charges of TRSDX. Prospectus, as of April 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 2.15% |
| Gross expense ratio | 3.21% |
| Fee waiver | −1.95% |
| Net expense ratio | 1.26% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
TRSDX Costs Over Time
On $10,000 invested in TRSDX, assuming 5% a year before costs, total costs come to $784 over 5 years, cutting the return by 1.32% 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 |
| Fund expenses (net expense ratio 1.26%) | $132 | $412 | $712 |
| Lost growth on money paid in costs | $0 | $20 | $72 |
| Total costs | $132 | $432 | $784 |
| Value after costs | $10,368 | $11,144 | $11,979 |
| Impact on return, per year | 1.32% | 1.32% | 1.32% |
TRSDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 33%
- Securities lending: none during the year
TRSDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| William Blair & Company LLC | $2K | 60.20% |
| Jones & Associates Inc | $1K | 26.04% |
| Strategas Securities, LLC | $566 | 13.76% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.