v3.26.3
Annual Fund Operating Expenses
Nov. 01, 2026
Frank Value Fund | INVESTOR CLASS  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.89% [1]
Distribution and Service (12b-1) Fees 0.25%
Other Expenses (as a percentage of Assets): 0.09% [1]
Acquired Fund Fees and Expenses 0.01% [2]
Net Expenses (as a percentage of Assets) 1.24%
Frank Value Fund | CLASS C  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.89% [1]
Distribution and Service (12b-1) Fees 1.00%
Other Expenses (as a percentage of Assets): 0.09% [1]
Acquired Fund Fees and Expenses 0.01% [2]
Net Expenses (as a percentage of Assets) 1.99%
Frank Value Fund | INSTITUTIONAL CLASS  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.89% [1]
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.09% [1]
Acquired Fund Fees and Expenses 0.01% [2]
Net Expenses (as a percentage of Assets) 0.99%
Camelot Event Driven Fund | Class A Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.30%
Distribution and Service (12b-1) Fees 0.25%
Component1 Other Expenses 0.09%
Component2 Other Expenses 0.00%
Component3 Other Expenses 0.57% [3]
Other Expenses (as a percentage of Assets): 0.66%
Expenses (as a percentage of Assets) 2.21%
Fee Waiver or Reimbursement 0.09% [4]
Net Expenses (as a percentage of Assets) 1.99%
Camelot Event Driven Fund | Institutional Class Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.30%
Distribution and Service (12b-1) Fees 0.00%
Component1 Other Expenses 0.09%
Component2 Other Expenses 0.00%
Component3 Other Expenses 0.54% [3]
Other Expenses (as a percentage of Assets): 0.63%
Expenses (as a percentage of Assets) 1.93%
Fee Waiver or Reimbursement 0.06% [4]
Net Expenses (as a percentage of Assets) 1.74%
[1] Restated to reflect the reduced management fee.
[2] 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.
[3] “Other Expenses” includes litigation expenses of 0.13%, which are excluded from the fee waiver, as discussed below.
[4] Camelot Event-Driven Advisors, LLC (the “Adviser”), has contractually agreed to waive its management fees and/or assume expenses to the extent necessary to reduce the Total Annual Fund Operating Expenses (exclusive of any front-end or contingent deferred loads, taxes, all interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, dividend expense on securities sold short, underlying fund fees, 12b-1 fees and expenses, and extraordinary expenses such as litigation) when they exceed 1.74% of the Fund’s average daily net assets (the “Annualized Expense Ratio”). This agreement will continue in effect until October 31, 2027.  Any waivers and reimbursements made by the Adviser to the Fund are subject to recoupment by the Adviser within three (3) fiscal years following the date of such waiver or reimbursement, provided that such recoupment does not cause the Total Annual Fund Operating Expenses to exceed the Annualized Expense Ratio in effect at the time of the (i) fee waiver and/or expense assumption, or (ii) the fee recoupment. This agreement shall be terminated upon the termination of the advisory agreement or, with respect to the Fund, in the event of its merger or liquidation.