Fees and Expenses - Toews Hedged Opportunity Fund
|
Mar. 06, 2026 |
| 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 pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables
and examples below.
|
| Shareholder Fees Caption [Optional Text] |
Shareholder Fees (fees paid directly from your investment)
|
| Shareholder Fees [Table] |
Shareholder
Fees
(fees paid directly from your investment) |
|
| Maximum
Sales Charge (Load) Imposed on Purchases |
None |
| Maximum
Deferred Sales Charge (Load) |
None |
| Maximum
Sales Charge (Load) Imposed on Reinvested Dividends and Other Distributions |
None |
| Redemption
Fee |
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 |
1.00% |
| Distribution
and/or Service (12b-1) Fees |
0.00% |
| Other
Expenses |
0.51% |
| Interest
Expense |
0.01% |
| Remaining
Other Expenses |
0.50% |
| Total
Annual Fund Operating Expenses |
1.51% |
| Fee
Waiver and/or Expense Reimbursement(1) |
(0.25)% |
| Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement |
1.26% |
| (1) | The
Fund’s adviser has contractually agreed to reduce its fees and/or absorb expenses of
the Fund, through at least August 31, 2027, to ensure that Total Annual Fund Operating Expenses
After Fee Waiver and/or Reimbursement (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 instruments in other collective investment vehicles or derivative
instruments (including for example options and swap fees and expenses); (v) borrowing costs
(such as interest and dividend expense on securities sold short); (vi) taxes; (vii) other
fees related to underlying investments, (such as option fees and expenses or swap fees and
expenses); or (viii) extraordinary expenses such as litigation (which may include indemnification
of Fund officers and Trustees or contractual indemnification of Fund service providers (other
than the adviser) will not exceed 1.25%; subject to possible recoupment from the Fund in
future years on a rolling three year basis (within the three years after the fees have been
waived or reimbursed), if such recoupment does not cause the Fund’s expense ratio (after
the repayment is taken into account) to exceed both: (i) the Fund’s expense cap in
place at the time such expenses were waived, and (ii) the Fund’s current expense cap
at the time of recoupment. This agreement may be terminated only by the Board of Trustees,
on 60 days’ written notice to 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 Fund’s operating expenses remain
the same. The Example further assumes that the expense limitation described in the footnotes to the fee table is in effect only until
the end of the 1-year period. Although your actual costs may be higher or lower, based upon these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
| |
1
Year |
3
Years |
5
Years |
10
Years |
| |
$128 |
$453 |
$800 |
$1,780 |
|
| 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 annual fund operating expenses or in the Example, affect the Fund’s
performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 422% of the average value of its portfolio.
|
| Portfolio Turnover, Rate |
422.00%
|