Expense Ratio History

EVOAX expense ratio history

Altegris Futures Evolution Strategy Fund, Altegris Futures Evolution Strategy Fund Class A Funds

Fund company
Northern Trust
Type
Mutual fund

2.42%

In basis points
242 basis points
Yearly cost per $10,000
$242
Prospectus dated
28 October 2024, filed with the SEC; rounded to 0.01%
Last change
Raised from 2.17% on 28 October 2024

Fee over time

EVOAX expense ratio: 3.56% until 29 Jan 2013, then 2.66%; 2.66% until 3 Sep 2013, then 2.36%; 2.36% until 28 Jan 2014, then 2.06%; 2.06% until 28 Jan 2015, then 2.08%; 2.08% until 28 Oct 2015, then 1.98%; 1.98% until 28 Oct 2016, then 1.97%; 1.97% until 13 Oct 2017, then 1.99%; 1.99% until 29 Oct 2018, then 2.00%; 2.00% until 28 Oct 2019, then 2.08%; 2.08% until 28 Oct 2020, then 2.18%; 2.18% until 28 Oct 2021, then 2.15%; 2.15% until 1 Nov 2022, then 2.05%; 2.05% until 30 Oct 2023, then 2.17%; 2.17% until 28 Oct 2024, then 2.42%; read at 2.42% on 28 Oct 2024.0.00%2.00%4.00%6.00%Oct 2011Jan 2014Apr 2016Jul 2018Oct 2020Jan 20233.56% before2.42% from 28 Oct 2024
EVOAX expense ratio: 3.56% until 29 Jan 2013, then 2.66%; 2.66% until 3 Sep 2013, then 2.36%; 2.36% until 28 Jan 2014, then 2.06%; 2.06% until 28 Jan 2015, then 2.08%; 2.08% until 28 Oct 2015, then 1.98%; 1.98% until 28 Oct 2016, then 1.97%; 1.97% until 13 Oct 2017, then 1.99%; 1.99% until 29 Oct 2018, then 2.00%; 2.00% until 28 Oct 2019, then 2.08%; 2.08% until 28 Oct 2020, then 2.18%; 2.18% until 28 Oct 2021, then 2.15%; 2.15% until 1 Nov 2022, then 2.05%; 2.05% until 30 Oct 2023, then 2.17%; 2.17% until 28 Oct 2024, then 2.42%; read at 2.42% on 28 Oct 2024.0.00%2.00%4.00%6.00%Oct 2011Mar 2016Aug 20203.56% before2.42% from 28 Oct 2024
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 5 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
EVOAX (this page) Altegris Futures Evolution Strategy Fund Class A Funds 2.42% 1.91% 28 Oct 2024
EVOCX Altegris Futures Evolution Strategy Fund Class C Funds 3.17% 2.66% 28 Oct 2024
EVOIX Altegris Futures Evolution Strategy Fund Class I Funds 2.17% 1.66% 28 Oct 2024
EVONX Altegris Futures Evolution Strategy Fund Class N Funds 2.05% 1.87% 1 Nov 2022
— — 3.27% 3.22% 3 Oct 2011

Every figure we've recorded

DateFeeWhat happened
28 Oct 2024 2.42% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-10-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Oct 2024 2.42% Raised from 2.17% to 2.42%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-10-24
30 Oct 2023 2.17% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-10-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Oct 2023 2.17% Raised from 2.05% to 2.17%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-10-26
1 Nov 2022 2.05% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2022 2.05% Cut from 2.15% to 2.05%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-11-01
28 Oct 2021 2.15% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-10-28 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
28 Oct 2021 2.15% Cut from 2.18% to 2.15%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2021-11-12
28 Oct 2020 2.18% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-10-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Oct 2020 2.18% Raised from 2.08% to 2.18%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-11-03
28 Oct 2019 2.08% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-10-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Oct 2019 2.08% Raised from 2.00% to 2.08%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-11-01
29 Oct 2018 2.00% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-10-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Oct 2018 2.00% Raised from 1.99% to 2.00%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-10-31
13 Oct 2017 1.99% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-10-13 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
13 Oct 2017 1.99% Raised from 1.97% to 1.99%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2017-10-20
28 Oct 2016 1.97% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-10-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Oct 2016 1.97% Cut from 1.98% to 1.97%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-11-02
28 Nov 2015 1.98% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-11-28 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
28 Oct 2015 1.98% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-10-28 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
28 Oct 2015 1.98% Cut from 2.08% to 1.98%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2015-12-03
28 Jan 2015 2.08% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-01-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Jan 2015 2.08% Raised from 2.06% to 2.08%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2015-02-13
28 Jan 2014 2.06% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-01-28 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
28 Jan 2014 2.06% Cut from 2.36% to 2.06%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2014-02-12
3 Sep 2013 2.36% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-09-03 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
3 Sep 2013 2.36% Cut from 2.66% to 2.36%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2013-09-11
29 Jan 2013 2.66% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-01-29 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
29 Jan 2013 2.66% Cut from 3.56% to 2.66%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2013-02-14
3 Oct 2011 3.56% In the prospectusTotal annual fund operating expenses in the prospectus dated 2011-10-03 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 2.42% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$2,781 in fees over 10 years

After fees, $10,000 grows to $12,825.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$248
3 years$763
5 years$1,304
10 years$2,781

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 16 prospectuses for this share class since 2011. Each one is listed above with a link to the filing.

How we read fees

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