Fees and Expenses - Princeton Alternative Premium Fund
|
Aug. 25, 2025
USD ($)
|
Prospectus [Line Items] |
|
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 qualify for sales charge discounts on purchases of Class A shares if you and/or 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 in How to Purchase Shares on page 13 of this Prospectus and in Purchase, Redemption and Pricing of Shares on page 42
of the Statement of Additional Information.
|
Expense Breakpoint Discounts [Text] |
You may qualify for sales charge discounts on purchases of Class A shares if you and/or your family invest, or agree to invest in the
future, at least $25,000 in the Fund.
|
Expense Breakpoint, Minimum Investment Required [Amount] |
$ 25,000
|
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] |
The operating expenses in this fee table will
not correlate to the expense ratio in the Funds financial highlights because the financial statements include only the direct operating
expenses incurred by the Fund.
|
Shareholder Fees Caption [Optional Text] |
Shareholder Fees (fees paid directly from your investment)
|
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 % of offering price) |
5.75% |
None |
None |
Maximum
Deferred Sales Charge (Load) |
None |
None |
None |
Maximum
Sales Charge (Load) Imposed on Reinvested Dividends and other Distributions |
None |
None |
None |
Redemption
Fee |
None |
None |
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 |
1.50% |
1.50% |
1.50% |
Distribution
and/or Service (12b-1) Fees |
0.25% |
1.00% |
None |
Other
Expenses |
10.07% |
10.07% |
10.07% |
Interest
Expense(1) |
0.07% |
0.07% |
0.07% |
Remaining
Other Expenses |
10.00% |
10.00% |
10.00% |
Acquired
Fund Fee and Expenses(2) |
0.01% |
0.01% |
0.01% |
Total
Annual Fund Operating Expenses |
11.83% |
12.58% |
11.58% |
Fee
Waiver and/or Expense Reimbursement(3) |
(10.00)% |
(10.00)% |
(10.00)% |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expenses Reimbursement |
1.83% |
2.58% |
1.58% |
| (1) | Interest
Expense reflects interest charged to the Fund in connection with its option transactions and certain margin/collateral requirements of
the options counterparty. This expense does not reflect the interest received by the Fund for the Funds collateral pledged for
such transactions. |
| (2) | Acquired
Fund Fees and Expenses are the indirect costs of investing in other investment companies. The operating expenses in this fee table will
not correlate to the expense ratio in the Funds financial highlights because the financial statements include only the direct operating
expenses incurred by the Fund. |
| (3) | Princeton
Fund Advisors, LLC has contractually agreed to waive management fees and to make payments to limit Fund expenses, until at least January
31, 2027 so that the total annual operating expenses (exclusive of any (i) front-end or contingent deferred loads, (ii) brokerage
fees and commissions, (iii) acquired fund fees and expenses, (iv) fees and expenses associated with investments including investments
in other collective investment vehicles or derivative instruments (for example options fees and expenses); (v) borrowing costs (such
as interest and dividend expense on securities sold short); (vi) taxes; (vii) expenses incurred in connection with any merger or reorganization;
and (viii) 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))) do not exceed 1.75%, 2.50% and 1.50% 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 in future years on a rolling three-year basis (within the three years after the fees were waived or reimbursed)
if such recoupment can be achieved within the lesser of the foregoing expense limits or the then-current expense limits. This agreement
may be terminated only by the Board of Trustees on 60 days written notice to Princeton Fund Advisors, LLC. |
|
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, and that the advisors fee waiver is only in effect for the term of the waiver. Although your actual costs may be higher
or lower, based upon these assumptions your costs would be:
|
Expense Example, With Redemption [Table] |
Class |
1
Year |
3
Years |
5
Years |
10
Years |
Class
A |
$750 |
$2,896 |
$4,759 |
$8,411 |
Class
C |
$261 |
$2,646 |
$4,684 |
$8,570 |
Class
I |
$161 |
$2,401 |
$4,356 |
$8,223 |
|
|
|
|
|
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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 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 annual fund operating expenses or in the Example, affect the Funds
performance. During the fiscal year ended April 30, 2025, the Funds portfolio turnover rate was 0% of the average value of its
portfolio.
|
Portfolio Turnover, Rate |
none
|