VOLMX Fees and Costs — Volumetric Fund
Data updated: 2026-08-07
The net expense ratio is 1.89%. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $5K in broker commissions, 0.0115% of average net assets.
VOLMX Fees and Expenses
Annual operating expenses and sales charges of VOLMX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.89% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | — |
| Fee waiver | — |
| Net expense ratio | 1.89% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
VOLMX Costs Over Time
On $10,000 invested in VOLMX, assuming 5% a year before costs, total costs come to $1,168 over 5 years, cutting the return by 2.00% 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 1.89%) | $198 | $613 | $1,054 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $31 | $108 |
| Total costs | $200 | $648 | $1,168 |
| Value after costs | $10,300 | $10,928 | $11,595 |
| Impact on return, per year | 2.00% | 2.00% | 2.00% |
VOLMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0115%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $5K
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
VOLMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wall Street Access | $4K | 81.09% |
| Piper Sandler & Co | $866 | 18.91% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.