TRXAX Fees and Costs — Catalyst/MAP Global Balanced Fund, Class A
Data updated: 2026-09-11
The net expense ratio is 1.23%: a 1.00% management fee, a 0.25% 12b-1 fee plus 1.22% other expenses, less a 1.25% fee waiver. 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 $1K in broker commissions, 0.0075% of average net assets, and portfolio turnover was 60%.
TRXAX Fees and Expenses
Annual operating expenses and sales charges of TRXAX. Prospectus, as of November 1, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.22% |
| Gross expense ratio | 2.48% |
| Fee waiver | −1.25% |
| Net expense ratio | 1.23% |
| 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 |
TRXAX Costs Over Time
On $10,000 invested in TRXAX, assuming 5% a year before costs, total costs come to $1,460 over 5 years, cutting the return by 2.52% 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 | $673 | $575 | $575 |
| Fund expenses (net expense ratio 1.23%) | $122 | $379 | $655 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $29 | $110 | $226 |
| Total costs | $824 | $1,066 | $1,460 |
| Value after costs | $9,676 | $10,511 | $11,303 |
| Impact on return, per year | 8.24% | 3.33% | 2.52% |
TRXAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0075%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $4.0M
- Portfolio turnover (prospectus): 60%
- Securities lending: none during the year
TRXAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CABRERA CAPITAL | $558 | 50.79% |
| WALL STREET ACCESS | $540 | 49.21% |
TRXAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MONERE INVESTMENTS | $3.3M | 83.79% |
| CABRERA CAPITAL | $449K | 11.27% |
| CHARLES SCHWAB | $197K | 4.95% |
Catalyst/MAP Global Balanced Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TRXIX | Class I | 0.98% | none |
| TRXAX | Class A | 1.23% | 5.75% |
| TRXCX | Class C | 1.98% | 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.