v3.26.3
Annual Fund Operating Expenses - Popular High Grade Fixed-Income Fund
Oct. 28, 2026
Class A Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.69% [1]
Distribution and Service (12b-1) Fees 0.25%
Component1 Other Expenses 1.56% [2]
Other Expenses (as a percentage of Assets): 1.50%
Expenses (as a percentage of Assets) 4.00% [2]
Class I Institutional Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.69% [1],[3]
Distribution and Service (12b-1) Fees 0.00% [3]
Component1 Other Expenses 1.56% [2],[3]
Other Expenses (as a percentage of Assets): 1.50% [3]
Expenses (as a percentage of Assets) 3.75% [2],[3]
[1] Pursuant to an investment advisory agreement between the Fund and Popular Asset Management LLC (the “Adviser”), the Management Fee paid by the Fund is based on a rate of 0.50% per annum of the Fund’s average daily total assets, which includes leverage. The Management Fee in the table is greater than 0.50% since it is computed as a percentage of the Fund’s net assets for presentation therein.
[2] Reflects Interest and Leverage Expenses associated with an investment strategy to enhance portfolio yield. Excluding the leverage expenses, Total Annual Fund Operating Expenses would be 2.46% and 2.21% for Class A and Class I Institutional Shares, respectively.
[3] There are no Class I Institutional Shares outstanding as of the date of this prospectus.