v3.26.3
Annual Fund Operating Expenses
Nov. 01, 2026
Catalyst Systematic Alpha Fund  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination October 31, 2027
Catalyst Systematic Alpha Fund | Catalyst Systematic Alpha Fund Class A  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.50%
Distribution and Service (12b-1) Fees 0.25%
Other Expenses (as a percentage of Assets): 0.30%
Acquired Fund Fees and Expenses 0.17% [1]
Expenses (as a percentage of Assets) 2.22%
Fee Waiver or Reimbursement (0.03%) [2]
Net Expenses (as a percentage of Assets) 2.19%
Catalyst Systematic Alpha Fund | Catalyst Systematic Alpha Fund Class C  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.50%
Distribution and Service (12b-1) Fees 1.00%
Other Expenses (as a percentage of Assets): 0.30%
Acquired Fund Fees and Expenses 0.17% [1]
Expenses (as a percentage of Assets) 2.97%
Fee Waiver or Reimbursement (0.03%) [2]
Net Expenses (as a percentage of Assets) 2.94%
Catalyst Systematic Alpha Fund | Catalyst Systematic Alpha Fund Class I  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.50%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.30%
Acquired Fund Fees and Expenses 0.17% [1]
Expenses (as a percentage of Assets) 1.97%
Fee Waiver or Reimbursement (0.03%) [2]
Net Expenses (as a percentage of Assets) 1.94%
Catalyst Systematic High Income Fund  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination October 31, 2027
Catalyst Systematic High Income Fund | Catalyst Systematic High Income Fund Class A  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.75%
Distribution and Service (12b-1) Fees 0.25%
Other Expenses (as a percentage of Assets): 0.52%
Acquired Fund Fees and Expenses 0.02% [3]
Expenses (as a percentage of Assets) 2.54%
Fee Waiver or Reimbursement (0.28%) [4]
Net Expenses (as a percentage of Assets) 2.26%
Catalyst Systematic High Income Fund | Catalyst Systematic High Income Fund Class C  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.75%
Distribution and Service (12b-1) Fees 1.00%
Other Expenses (as a percentage of Assets): 0.52%
Acquired Fund Fees and Expenses 0.02% [3]
Expenses (as a percentage of Assets) 3.29%
Fee Waiver or Reimbursement (0.28%) [4]
Net Expenses (as a percentage of Assets) 3.01%
Catalyst Systematic High Income Fund | Catalyst Systematic High Income Fund Class I  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.75%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.49%
Acquired Fund Fees and Expenses 0.02% [3]
Expenses (as a percentage of Assets) 2.26%
Fee Waiver or Reimbursement (0.25%) [4]
Net Expenses (as a percentage of Assets) 2.01%
Catalyst Buffered Shield Fund  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination October 31, 2027
Catalyst Buffered Shield Fund | Catalyst Buffered Shield Fund Class A  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.25%
Distribution and Service (12b-1) Fees 0.25%
Component1 Other Expenses 0.01%
Component2 Other Expenses 0.86%
Other Expenses (as a percentage of Assets): 0.87%
Acquired Fund Fees and Expenses 0.07% [5]
Expenses (as a percentage of Assets) 2.44%
Fee Waiver or Reimbursement (0.88%) [6]
Net Expenses (as a percentage of Assets) 1.56%
Catalyst Buffered Shield Fund | Catalyst Buffered Shield Fund Class C  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.25%
Distribution and Service (12b-1) Fees 1.00%
Component1 Other Expenses 0.01%
Component2 Other Expenses 0.86%
Other Expenses (as a percentage of Assets): 0.87%
Acquired Fund Fees and Expenses 0.07% [5]
Expenses (as a percentage of Assets) 3.19%
Fee Waiver or Reimbursement (0.88%) [6]
Net Expenses (as a percentage of Assets) 2.31%
Catalyst Buffered Shield Fund | Catalyst Buffered Shield Fund Class I  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.25%
Distribution and Service (12b-1) Fees 0.00%
Component1 Other Expenses 0.01%
Component2 Other Expenses 0.86%
Other Expenses (as a percentage of Assets): 0.87%
Acquired Fund Fees and Expenses 0.07% [5]
Expenses (as a percentage of Assets) 2.19%
Fee Waiver or Reimbursement (0.88%) [6]
Net Expenses (as a percentage of Assets) 1.31%
Catalyst/Millburn Hedge Strategy Fund | Catalyst/Millburn Hedge Strategy Fund Class A  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.75%
Distribution and Service (12b-1) Fees 0.25%
Component1 Other Expenses 0.01%
Component2 Other Expenses 0.16%
Other Expenses (as a percentage of Assets): 0.17%
Acquired Fund Fees and Expenses 0.09% [7]
Expenses (as a percentage of Assets) 2.26%
Catalyst/Millburn Hedge Strategy Fund | Catalyst/Millburn Hedge Strategy Fund Class C  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.75%
Distribution and Service (12b-1) Fees 1.00%
Component1 Other Expenses 0.01%
Component2 Other Expenses 0.16%
Other Expenses (as a percentage of Assets): 0.17%
Acquired Fund Fees and Expenses 0.09% [7]
Expenses (as a percentage of Assets) 3.01%
Catalyst/Millburn Hedge Strategy Fund | Catalyst/Millburn Hedge Strategy Fund Class C-1  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.75%
Distribution and Service (12b-1) Fees 1.00%
Component1 Other Expenses 0.01%
Component2 Other Expenses 0.16%
Other Expenses (as a percentage of Assets): 0.17%
Acquired Fund Fees and Expenses 0.09% [7]
Expenses (as a percentage of Assets) 3.01%
Catalyst/Millburn Hedge Strategy Fund | Catalyst/Millburn Hedge Strategy Fund Class I  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.75%
Distribution and Service (12b-1) Fees 0.00%
Component1 Other Expenses 0.01%
Component2 Other Expenses 0.16%
Other Expenses (as a percentage of Assets): 0.17%
Acquired Fund Fees and Expenses 0.09% [7]
Expenses (as a percentage of Assets) 2.01%
Catalyst Nasdaq-100 Hedged Income Fund  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination October 31, 2027
Catalyst Nasdaq-100 Hedged Income Fund | Catalyst Nasdaq-100 Hedged Income Fund Class A  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.25%
Distribution and Service (12b-1) Fees 0.25%
Component1 Other Expenses 0.09%
Component2 Other Expenses 1.09%
Other Expenses (as a percentage of Assets): 1.18%
Acquired Fund Fees and Expenses 0.07% [8]
Expenses (as a percentage of Assets) 2.75%
Fee Waiver or Reimbursement (0.85%) [9]
Net Expenses (as a percentage of Assets) 1.90%
Catalyst Nasdaq-100 Hedged Income Fund | Catalyst Nasdaq-100 Hedged Income Fund Class C  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.25%
Distribution and Service (12b-1) Fees 1.00%
Component1 Other Expenses 0.09%
Component2 Other Expenses 1.10%
Other Expenses (as a percentage of Assets): 1.19%
Acquired Fund Fees and Expenses 0.07% [8]
Expenses (as a percentage of Assets) 3.51%
Fee Waiver or Reimbursement (0.86%) [9]
Net Expenses (as a percentage of Assets) 2.65%
Catalyst Nasdaq-100 Hedged Income Fund | Catalyst Nasdaq-100 Hedged Income Fund Class I  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.25%
Distribution and Service (12b-1) Fees 0.00%
Component1 Other Expenses 0.09%
Component2 Other Expenses 1.08%
Other Expenses (as a percentage of Assets): 1.17%
Acquired Fund Fees and Expenses 0.07% [8]
Expenses (as a percentage of Assets) 2.49%
Fee Waiver or Reimbursement (0.84%) [9]
Net Expenses (as a percentage of Assets) 1.65%
Catalyst/Aspect Enhanced Multi-Asset Fund  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination October 31, 2027
Catalyst/Aspect Enhanced Multi-Asset Fund | Catalyst/Aspect Enhanced Multi-Asset Fund Class A  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.75%
Distribution and Service (12b-1) Fees 0.25%
Other Expenses (as a percentage of Assets): 0.54%
Acquired Fund Fees and Expenses 0.05% [10]
Expenses (as a percentage of Assets) 2.59%
Fee Waiver or Reimbursement (0.30%) [11]
Net Expenses (as a percentage of Assets) 2.29%
Catalyst/Aspect Enhanced Multi-Asset Fund | Catalyst/Aspect Enhanced Multi-Asset Fund Class C  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.75%
Distribution and Service (12b-1) Fees 1.00%
Other Expenses (as a percentage of Assets): 0.50%
Acquired Fund Fees and Expenses 0.05% [10]
Expenses (as a percentage of Assets) 3.30%
Fee Waiver or Reimbursement (0.26%) [11]
Net Expenses (as a percentage of Assets) 3.04%
Catalyst/Aspect Enhanced Multi-Asset Fund | Catalyst/Aspect Enhanced Multi-Asset Fund Class I  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.75%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.54%
Acquired Fund Fees and Expenses 0.05% [10]
Expenses (as a percentage of Assets) 2.34%
Fee Waiver or Reimbursement (0.30%) [11]
Net Expenses (as a percentage of Assets) 2.04%
[1] Acquired Fund Fees and Expenses are the indirect costs of investing in other investment companies. The total annual fund 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] The Fund’s advisor, Catalyst Capital Advisors LLC “(the Advisor”), has contractually agreed to waive advisory fees and/or reimburse expenses of the Fund to the extent necessary to limit total annual fund operating expenses (excluding brokerage costs; borrowing costs, such as (a) interest, and (b) dividends on securities sold short; taxes; underlying fund expenses; and extraordinary expenses, such as regulatory inquiry and litigation expenses) at 2.02%, 2.77% and 1.77% for Class A shares, Class C shares and Class I shares, respectively, through October 31, 2027. This agreement may be terminated by the Trust’s Board of Trustees only on 60 days’ written notice to the Advisor, by the Advisor with the consent of the Board of Trustees, or upon the termination of the advisory agreement between the Trust and the Advisor. Fee waivers and expense reimbursements are subject to possible recoupment by the Advisor from the Fund in future years on a rolling three-year basis (within the three years after the fees have been waived or reimbursed), so long as such recoupment does not cause the Fund’s expense ratio (after the repayment is taken into account) to exceed both (i) the Fund’s expense limitation at the time such expenses were waived, and (ii) the Fund’s current expense limitation at the time of recoupment.
[3] Acquired Fund Fees and Expenses are the indirect costs of investing in other investment companies. The total annual fund 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.
[4] The Fund’s advisor, Catalyst Capital Advisors, LLC (the “Advisor”), has contractually agreed to waive advisory fees and/or reimburse expenses of the Fund to the extent necessary to limit total annual fund operating expenses (excluding brokerage costs; borrowing costs, such as (a) interest, and (b) dividends on securities sold short; taxes; underlying fund expenses and, extraordinary expenses, such as regulatory inquiry and litigation expenses) at 2.24%, 2.99% and 1.99% for Class A shares, Class C shares and Class I shares, respectively, through October 31, 2027. This agreement may be terminated by the Trust’s Board of Trustees only on 60 days’ written notice to the Advisor, by the Advisor with the consent of the Board of Trustees, or upon the termination of the advisory agreement between the Trust and the Advisor. Fee waivers and expense reimbursements are subject to possible recoupment by the Advisor from the Fund in future years on a rolling three-year basis (within the three years after the fees have been waived or reimbursed), so long as such recoupment does not cause the Fund’s expense ratio (after the repayment is taken into account) to exceed both: (i) the Fund’s expense limitation at the time such expenses were waived, and (ii) the Fund’s current expense limitation at the time of recoupment.
[5] Acquired Fund Fees and Expenses are the indirect costs of investing in other investment companies. The total annual fund 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.
[6] The Fund’s advisor, Catalyst Capital Advisors LLC (the “Advisor”), has contractually agreed to waive advisory fees and/or reimburse expenses of the Fund to the extent necessary to limit total annual fund operating expenses (excluding brokerage costs; borrowing costs, such as (a) interest, and (b) dividends on securities sold short; taxes; underlying fund expenses, and extraordinary expenses, such as regulatory inquiry and litigation expenses) at 1.48%, 2.23% and 1.23% for Class A shares, Class C shares and Class I shares, respectively, through October 31, 2027. This agreement may be terminated by the Trust’s Board of Trustees only on 60 days’ written notice to the Advisor, by the Advisor with the consent of the Board of Trustees, or upon the termination of the advisory agreement between the Trust and the Advisor. Fee waivers and expense reimbursements are subject to possible recoupment by the advisor from the Fund in future years on a rolling three-year basis (within the three years after the fees have been waived or reimbursed), so long as such recoupment does not cause the Fund’s expense ratio (after the repayment is taken into account) to exceed both: (i) the Fund’s expense limitation at the time such expenses were waived, and (ii) the Fund’s current expense limitation at the time of recoupment.
[7] Acquired Fund Fees and Expenses are the indirect costs of investing in other investment companies. The total annual fund 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.
[8] Acquired Fund Fees and Expenses are the indirect costs of investing in other investment companies. The total annual fund 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.
[9] The Fund’s advisor, Catalyst Capital Advisors LLC (the “Advisor”), has contractually agreed to waive advisory fees and/or reimburse expenses of the Fund to the extent necessary to limit total annual fund operating expenses (excluding brokerage costs; borrowing costs, such as (a) interest, and (b) dividends on securities sold short; underlying fund expenses; taxes and, extraordinary expenses, such as regulatory inquiry and litigation expenses) at 1.74%, 2.49% and 1.49% for Class A shares, Class C shares and Class I shares, respectively, through October 31, 2027. This agreement may be terminated by the Trust’s Board of Trustees only on 60 days’ written notice to the Advisor, by the Advisor with the consent of the Board of Trustees, or upon the termination of the advisory agreement between the Trust and the Advisor. Fee waivers and expense reimbursements are subject to possible recoupment by the Advisor from the Fund in future years on a rolling three-year basis (within the three years after the fees have been waived or reimbursed), so long as such recoupment does not cause the Fund’s expense ratio (after the repayment is taken into account) to exceed both: (i) the Fund’s expense limitation at the time such expenses were waived, and (ii) the Fund’s current expense limitation at the time of recoupment.
[10] Acquired Fund Fees and Expenses are the indirect costs of investing in other investment companies. The total annual fund 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.
[11] The Fund’s advisor, Catalyst Capital Advisors LLC (the “Advisor”), has contractually agreed to waive fees and/or reimburse expenses of the Fund to the extent necessary to limit total annual fund operating expenses (excluding brokerage costs; acquired fund fees and expenses; borrowing costs, such as (a) interest, and (b) dividends on securities sold short; taxes; and extraordinary expenses, such as regulatory inquiry and litigation expenses) at 2.24%, 2.99% and 1.99% for Class A shares, Class C shares and Class I shares, respectively, through October 31, 2027. This agreement may be terminated by the Trust’s Board of Trustees only on 60 days’ written notice to the Advisor, by the Advisor with the consent of the Board of Trustees, or upon the termination of the advisory agreement between the Trust and the Advisor. Fee waivers and expense reimbursements are subject to possible recoupment by the Advisor from the Fund in future years on a rolling three-year basis (within the three years after the fees have been waived or reimbursed), so long as such recoupment does not cause the Fund’s expense ratio (after the repayment is taken into account) to exceed both: (i) the Fund’s expense limitation at the time such expenses were waived, and (ii) the Fund’s current expense limitation at the time of recoupment.