WMKTX Fees and Costs — WesMark Tactical Opportunity Fund
Data updated: 2026-08-26
The net expense ratio is 1.57%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $14K in broker commissions, 0.0287% of average net assets, and portfolio turnover was 41%.
WMKTX Fees and Expenses
Annual operating expenses and sales charges of WMKTX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 1.57% |
| Fee waiver | — |
| Net expense ratio | 1.57% |
| Sales charges | |
|---|---|
| Max front load | — |
| 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 |
WMKTX Costs Over Time
On $10,000 invested in WMKTX, assuming 5% a year before costs, total costs come to $988 over 5 years, cutting the return by 1.68% 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 1.57%) | $165 | $511 | $881 |
| Trading costs (broker commissions) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $0 | $26 | $91 |
| Total costs | $168 | $546 | $988 |
| Value after costs | $10,332 | $11,030 | $11,775 |
| Impact on return, per year | 1.68% | 1.68% | 1.68% |
WMKTX 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): 0.0287%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 41%
- Securities lending: none during the year
WMKTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| STRATEGAS SECURITIES, LLC | $8K | 56.20% |
| GOLDMAN SACHS & CO. | $3K | 25.34% |
| RBC CAPITAL MARKETS, LLC | $1K | 9.71% |
| HAZLETT, BURT, AND WATSON, INC. | $716 | 5.20% |
| MORGAN STANLEY | $480 | 3.49% |
| COWEN PRIME SERVICES LLC | $9 | 0.06% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.