Expense Ratio History

QALTX expense ratio history

Quantified Alternative Investment Fund, Quantified Alternative Investment Fund Investor Class Shares

Fund company
Advisors Preferred
Type
Mutual fund

2.41%

In basis points
241 basis points
Yearly cost per $10,000
$241
Prospectus dated
3 April 2026, filed with the SEC; rounded to 0.01%
Last change
Cut from 2.70% on 1 November 2025

Fee over time

QALTX expense ratio: 2.20% until 21 Oct 2014, then 2.19%; 2.19% until 28 Oct 2015, then 2.10%; 2.10% until 28 Oct 2016, then 2.07%; 2.07% until 30 Oct 2017, then 2.10%; 2.10% until 30 Oct 2018, then 2.07%; 2.07% until 31 Oct 2019, then 2.06%; 2.06% until 31 Oct 2020, then 2.11%; 2.11% until 1 Nov 2021, then 2.07%; 2.07% until 1 Nov 2022, then 1.94%; 1.94% until 1 Nov 2023, then 2.17%; 2.17% until 1 Nov 2024, then 2.70%; 2.70% until 1 Nov 2025, then 2.41%; read at 2.41% on 3 Apr 2026.0.00%1.00%2.00%3.00%4.00%Aug 2013Oct 2015Dec 2017Feb 2020Apr 2022Jun 20242.20% before2.41% from 1 Nov 2025
QALTX expense ratio: 2.20% until 21 Oct 2014, then 2.19%; 2.19% until 28 Oct 2015, then 2.10%; 2.10% until 28 Oct 2016, then 2.07%; 2.07% until 30 Oct 2017, then 2.10%; 2.10% until 30 Oct 2018, then 2.07%; 2.07% until 31 Oct 2019, then 2.06%; 2.06% until 31 Oct 2020, then 2.11%; 2.11% until 1 Nov 2021, then 2.07%; 2.07% until 1 Nov 2022, then 1.94%; 1.94% until 1 Nov 2023, then 2.17%; 2.17% until 1 Nov 2024, then 2.70%; 2.70% until 1 Nov 2025, then 2.41%; read at 2.41% on 3 Apr 2026.0.00%1.00%2.00%3.00%4.00%Aug 2013Nov 2017Feb 20222.20% before2.41% from 1 Nov 2025
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 2 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
QALTX (this page) Quantified Alternative Investment Fund Investor Class Shares 2.41% — 3 Apr 2026
QALAX Quantified Alternative Investment Fund Advisor Class Shares 3.06% — 3 Apr 2026

Every figure we've recorded

DateFeeWhat happened
3 Apr 2026 2.41% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-04-03 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Nov 2025 2.41% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2025 2.41% Cut from 2.70% to 2.41%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-10-28
1 Nov 2024 2.70% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2024 2.70% Raised from 2.17% to 2.70%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-10-25
1 Nov 2023 2.17% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2023 2.17% Raised from 1.94% to 2.17%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-10-27
1 Nov 2022 1.94% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-11-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Nov 2022 1.94% Cut from 2.07% to 1.94%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2022-11-04
28 Dec 2021 2.07% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-12-28 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Nov 2021 2.07% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2021 2.07% Cut from 2.11% to 2.07%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-10-27
31 Oct 2020 2.11% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-10-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Oct 2020 2.11% Raised from 2.06% to 2.11%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-11-12
31 Oct 2019 2.06% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-10-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Oct 2019 2.06% Cut from 2.07% to 2.06%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-11-12
30 Oct 2018 2.07% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-10-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Oct 2018 2.07% Cut from 2.10% to 2.07%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-11-08
30 Oct 2017 2.10% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-10-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Oct 2017 2.10% Raised from 2.07% to 2.10%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2017-11-03
28 Oct 2016 2.07% 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 2.07% Cut from 2.10% to 2.07%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-11-14
28 Oct 2015 2.10% 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 2.10% Cut from 2.19% to 2.10%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2015-11-20
4 Aug 2015 2.19% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-08-04 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
21 Oct 2014 2.19% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-10-21 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
21 Oct 2014 2.19% Cut from 2.20% to 2.19%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2014-11-12
21 Jul 2014 2.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-07-21 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
5 Aug 2013 2.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-08-05 (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 2.41% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$2,771 in fees over 10 years

After fees, $10,000 grows to $12,838.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$247
3 years$760
5 years$1,299
10 years$2,771

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 17 prospectuses for this share class since 2013. Each one is listed above with a link to the filing.

How we read fees

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