Fees and Expenses - Centerstone Investors Fund
|
Jul. 28, 2025
USD ($)
|
Prospectus [Line Items] |
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Expense Heading [Optional Text] |
Fees
and Expenses of the Fund.
|
Expense Narrative [Text Block] |
This table describes the fees and expenses that you may pay if you buy, hold and sell shares of the Fund.
You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which
are not reflected in the tables and examples below. You may qualify for sales charge discounts on Class A shares if you and
your family invest, or agree to invest in the future, at least $25,000 in the Fund. More information about these and other discounts
is available from your financial professional and under the heading Shareholder Information – More About Class A Shares
on page 40 of this Prospectus. In addition, descriptions of the sales load waivers and/or discounts for
Class A shares with respect to certain financial intermediaries are reproduced in Appendix A: Intermediary-Specific Sales Charge
Waivers and Discounts to the Prospectus based on information provided by the financial intermediary.
|
Expense Breakpoint Discounts [Text] |
You may qualify for sales charge discounts on Class A shares if you and
your family invest, or agree to invest in the future, at least $25,000 in the Fund.
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Expense Breakpoint, Minimum Investment Required [Amount] |
$ 25,000
|
Shareholder Fees Caption [Optional Text] |
Shareholder Fees (fees paid directly from your investment)
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Shareholder Fees [Table] |
Shareholder
Fees
(fees paid directly from your investment) |
Class
A |
Class
C |
Class
I |
Maximum
Sales Charge (Load) Imposed on Purchases
(as a percentage of offering price) |
5.00% |
None |
None |
Maximum
Deferred Sales Charge (Load) |
1.00% |
1.00%(1) |
None |
|
Operating Expenses Caption [Optional Text] |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
|
Annual Fund Operating Expenses [Table] |
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
|
|
Management
Fees |
0.90% |
0.90% |
0.90% |
Distribution
and Service (Rule 12b-1) Fees |
0.25% |
1.00% |
None |
Other
Expenses |
0.36% |
0.35% |
0.35% |
Acquired
Fund Fees and Expenses(2) |
0.05% |
0.05% |
0.05% |
Total
Annual Fund Operating Expenses |
1.56% |
2.30% |
1.30% |
Fee
Waiver/Expense Reimbursement |
(0.16)% |
(0.15)% |
(0.15)% |
Total
Annual Fund Operating Expenses
After Fee Waiver/Expense Reimbursement(3) |
1.40% |
2.15% |
1.15% |
| (1) | If
you redeem Class C shares within 12 months after purchase, you will be charged a CDSC of
up to 1.00%. The charge will apply to the lesser of the original cost of the Class C shares
being redeemed or the proceeds of your redemption and will be calculated without regard to
any redemption fee. When you redeem Class C shares, the redemption order is processed so
that the lowest CDSC is charged. Class C shares that are not subject to a CDSC are redeemed
first. In addition, you will not be charged a CDSC when you redeem shares that you acquired
through reinvestment of Fund dividends or capital gains. Any CDSC paid on the redemptions
of Class C shares expressed as a percentage of the applicable redemption amount may be higher
or lower than the charge described due to rounding. |
| (2) | This
number represents the combined total fees and operating expenses of the acquired funds owned
by the Fund and is not a direct expense incurred by the Fund or deducted from the Fund assets.
Since this number does not represent a direct operating expense of the Fund, the operating
expenses set forth in the Funds financial highlights do not include this figure. |
| (3) | This
number includes acquired fund fees and expenses. Centerstone Investors, LLC (the Adviser)
has contractually agreed to waive its fees and reimburse expenses of the Fund, at least until
August 1, 2027 so that the Total Annual Operating Expenses After Fee Waiver and Reimbursement
(excluding: (i) any front-end or contingent deferred loads; (ii) brokerage fees and commissions;
(iii) acquired fund fees and expenses; (iv) borrowing costs (such as interest and dividend
expense on securities sold short); (v) taxes; and (vi) extraordinary expenses, such as litigation
expenses (which may include indemnification of Fund officers and Trustees, contractual indemnification
of Fund service providers (other than the Adviser))) will not exceed 1.35%, 2.10% and 1.10%
of average daily net assets attributable to Class A, Class C, and Class I shares, respectively.
These fee waivers and expense reimbursements are subject to possible recoupment from the
Fund within three years after the fees have been waived or reimbursed, if such recoupment
can be achieved within the lesser of the foregoing expense limits or the expense limits in
place at the time of recoupment. This agreement may be terminated by the Board of Trustees,
on behalf of the Fund, only on 60 days written notice to the Adviser or upon termination
of the Advisory Agreement between the Trust and the Adviser. |
|
Expense Example [Heading] |
Example.
|
Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.
|
Expense Example by, Year, Caption [Text] |
The Example
assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods.
The Example also assumes that your investment has a 5% return each year and that the Funds operating expenses remain the same.
The fee waiver/expense reimbursement arrangement discussed in the table above is reflected only through August 1, 2026. Although your
actual costs may be higher or lower, based on these assumptions, your costs would be:
|
Expense Example, With Redemption [Table] |
|
One
Year |
Three
Years |
Five
Years |
Ten
Years |
Class
A |
$635 |
$937 |
$1,278 |
$2,237 |
Class
C |
Shares
held $218
Shares
sold $318 |
$689 |
$1,202 |
$2,612 |
Class
I |
$117 |
$382 |
$683 |
$1,541 |
|
Expense Example, No Redemption [Table] |
|
One
Year |
Three
Years |
Five
Years |
Ten
Years |
Class
A |
$635 |
$937 |
$1,278 |
$2,237 |
Class
C |
$218 |
$689 |
$1,202 |
$2,612 |
Class
I |
$117 |
$382 |
$683 |
$1,541 |
|
Portfolio Turnover [Heading] |
Portfolio
Turnover.
|
Portfolio Turnover [Text Block] |
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or turns over its portfolio).
A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a
taxable account. These costs, which are not reflected in Total Annual Fund Operating Expenses or in the Example, affect the Funds
performance. During the fiscal year ended March 31, 2025, the portfolio turnover rate of the Fund was 13.98% of the average value of
its portfolio.
|
Portfolio Turnover, Rate |
13.98%
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