v3.26.1
Annual Fund Operating Expenses
Jun. 25, 2026
WAYCROSS MANAGED RISK EQUITY FUND | WAYCROSS MANAGED RISK EQUITY FUND  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.25%
Distribution and Service (12b-1) Fees 0.00%
Component1 Other Expenses 0.72%
Component2 Other Expenses 0.00%
Component3 Other Expenses 0.26%
Other Expenses (as a percentage of Assets): 0.98%
Acquired Fund Fees and Expenses 0.02% [1]
Expenses (as a percentage of Assets) 2.25%
WAYCROSS FOCUSED CORE EQUITY FUND  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination June 30, 2027
WAYCROSS FOCUSED CORE EQUITY FUND | WAYCROSS FOCUSED CORE EQUITY FUND  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.66%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.27%
Expenses (as a percentage of Assets) 0.93%
Fee Waiver or Reimbursement (0.24%) [2]
Net Expenses (as a percentage of Assets) 0.69% [2]
[1] 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 Fund’s financial highlights because the financial statements include only the direct operating expenses incurred by the Fund, not the indirect costs of investing in other investment companies.
[2] Waycross Partners, LLC (the “Adviser”) has contractually agreed, until June 30, 2027, to reduce the Fund’s Management Fees and reimburse Other Expenses to the extent necessary to limit Total Annual Fund Operating Expenses (exclusive of brokerage costs, taxes, interest, borrowing costs such as interest and dividend expenses on securities sold short, costs to organize the Fund, Acquired Fund fees and expenses, and 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 an amount not exceeding 0.69% of the Fund’s average daily net assets. Management Fee reductions and expense reimbursements by the Adviser are subject to repayment by the Fund for three years after such fees and expenses were incurred, provided that the repayments do not cause Total Annual Fund Operating Expenses (after the repayment is taken into account) 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. Before June 30, 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.