WSACX Fees and Costs — Wellington Shields All-Cap Fund, Institutional Shares
Data updated: 2026-10-09
The net expense ratio is 1.22%. There are no sales loads or redemption fees. Portfolio turnover was 20%.
WSACX Fees and Expenses
Annual operating expenses and sales charges of WSACX. Prospectus, as of September 4, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.29% |
| Gross expense ratio | 1.22% |
| Fee waiver | — |
| Net expense ratio | 1.22% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
WSACX Costs Over Time
On $10,000 invested in WSACX, assuming 5% a year before costs, total costs come to $760 over 5 years, cutting the return by 1.28% 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 1.22%) | $128 | $399 | $690 |
| Lost growth on money paid in costs | $0 | $20 | $70 |
| Total costs | $128 | $419 | $760 |
| Value after costs | $10,372 | $11,158 | $12,003 |
| Impact on return, per year | 1.28% | 1.28% | 1.28% |
WSACX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 20%
- Securities lending: none during the year
WSACX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| WELLINGTON SHIELDS & CO., LLC | $6K | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.