v3.26.1
Annual Fund Operating Expenses - Connors Hedged Equity Fund
Mar. 27, 2026
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination March 31, 2027
Institutional Class  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.80%
Distribution and Service (12b-1) Fees 0.00%
Component1 Other Expenses 0.05%
Component2 Other Expenses 0.67%
Other Expenses (as a percentage of Assets): 0.72% [1]
Expenses (as a percentage of Assets) 1.52%
Fee Waiver or Reimbursement (0.42%)
Net Expenses (as a percentage of Assets) 1.10% [1]
[1] Connors Investor Services, Inc. (the “Adviser”) has contractually agreed, until March 31, 2027 to reduce Management Fees and reimburse Other Expenses to the extent necessary to limit Total Annual Fund Operating Expenses (excluding brokerage costs, taxes, interest, borrowing costs such as interest and dividend expenses on securities sold short, Acquired Fund Fees and Expenses, payments, if any, under a Rule 12b-1 Distribution Plan or Administrative Servies Plan, extraordinary expenses such as litigation and merger or reorganization costs and other expenses not incurred in the ordinary course of the Fund’s business) to 1.05% of the Fund’s average daily net assets of its Institutional Class shares. Management Fee reductions and expense reimbursements by the Adviser are subject to repayment by the Fund for a period of three years after the date that such fees and expenses were incurred, provided that the repayments do not cause Total Annual Fund Operating Expenses (exclusive of such reductions and reimbursements) to exceed (i) the expense limitation then in effect, if any, and (ii) the expense limitation in effect at the time the expenses to be repaid were incurred. Prior to March 31, 2027, this agreement may not be modified or terminated without the approval of the Board of Trustees (the “Board”). This agreement will terminate automatically if the Fund’s investment advisory agreement (the “Advisory Agreement”) with the Adviser is terminated.