v3.26.1
Fees and Expenses
Jul. 23, 2026
USD ($)
USA Mutuals Vice Fund  
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 example below. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Class A shares of the Fund. More information about these and other discounts is available from your financial professional and in How to Purchase Shares on page 20 of the Prospectus. In addition, description of the sales load waivers and/or discounts for Class A shares with respect to certain financial intermediaries are reproduced in Appendix A to the Prospectus based on information provided by the financial intermediary.

 

Shareholder Fees Caption [Optional Text] Shareholder Fees (fees paid directly from your investment)
Shareholder Fees [Table]

Shareholder Fees
(fees paid directly from your investment)
Institutional
Class
Investor
Class
Class
A
Class
C
Maximum Sales Charge (Load) Imposed on Purchases
(as a percentage of offering price)
None None 5.75% None

Maximum Contingent Deferred Sales Charge (Load)

(as a percentage of the shares redeemed
within 12 months of purchase)

None None None 1.00%

Maximum Contingent Deferred Sales Charge (Load)

(as a percentage of purchases of $1,000,000 or more
that are redeemed within 18 months of purchase)

None None 1.00% 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 0.95% 0.95% 0.95% 0.95%
Distribution and Service (12b-1) Fees None 0.25% 0.25% 1.00%
Other Expenses 0.83% 0.83% 0.83% 0.83%
Total Annual Fund Operating Expenses 1.78% 2.03% 2.03% 2.78%

 

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 reflects the contractual fee waiver/expense reimbursement arrangement for the first year only.   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
Institutional Class $181 $560 $964 $2,095
Investor Class $206 $637 $1,093 $2,358
Class A $769 $1,175 $1,605 $2,798
Class C $381 $862 $1,469 $3,109

 

Expense Example, No Redemption, By Year, Caption [Text] You would pay the following expenses if you did not redeem your Class C shares:
Expense Example, No Redemption [Table]
  1 Year 3 Years 5 Years 10 Years
Institutional Class $181 $560 $964 $2,095
Investor Class $206 $637 $1,093 $2,358
Class A $769 $1,175 $1,605 $2,798
Class C $281 $862 $1,469 $3,109

 

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 fiscal year ended March 31, 2026, the Fund’s portfolio rate was 17% of the average value of its portfolio.

Portfolio Turnover, Rate 17.00%
USA Mutuals Vice Fund | USA Mutuals Vice Fund Class A  
Prospectus [Line Items]  
Expense Breakpoint Discounts [Text] You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Class A shares of the Fund.
Expense Breakpoint, Minimum Investment Required [Amount] $ 50,000
USA Mutuals All Seasons Fund  
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 example 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)
Institutional
Class
Class
Z(1)
Maximum Sales Charge (Load) Imposed on Purchases
(as a percentage of offering price)
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 1.75% 1.75%
Distribution and Service (12b-1) Fees   None None
Other Expenses 1.58% 1.58%
Total Annual Fund Operating Expenses 3.33% 3.33%
Fee Waiver and Reimbursement(2) (1.07)% (1.07)%
Total Annual Fund Operating Expenses After Fee Waiver and Reimbursement 2.26% 2.26%
(1)Class Z shares are not currently offered for sale.
(2)The Fund’s adviser, USA Mutuals Advisors, Inc. (the “Adviser”), has contractually agreed to reduce its fees and/or absorb expenses of the Fund, at least until July 31, 2027, to ensure that total annual fund operating expenses after fee waiver and reimbursement (but not including: front-end or contingent deferred loads, shareholder servicing plan fees, taxes, borrowing cost such as interest and dividends on short positions, brokerage fees and commissions, acquired fund fees and expenses, extraordinary expenses such as litigation expenses (which may include indemnification of Fund officers and Trustees, and contractual indemnification of Fund service providers (other than the Adviser)) and class specific expenses like distribution (12b-1) fees) will not exceed 2.26% of the Fund’s average daily net assets for each share class. These fee waivers and expense reimbursements are subject to possible recoupment from the Fund in future years (within the three years after the fees were waived or reimbursed) if such recoupment can be achieved within the lesser of the expense limitation in place at the time of waiver and the expense limitation in place at the time of recapture. This agreement may be terminated by the Trust’s Board of Trustees only 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.   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
Institutional Class $229 $925 $1,644 $3,550
Class Z $229 $925 $1,644 $3,550

 

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 fiscal year ended March 31, 2026, the Fund’s portfolio rate was 0% of the average value of its portfolio.

 

Portfolio Turnover, Rate none