v3.25.2
Annual Fund Operating Expenses
Sep. 25, 2025
FPA Queens Road Small Cap Value Fund | FPA Queens Road Small Cap Value Fund | Investor Class  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.66%
Distribution and Service (12b-1) Fees 0.00%
Shareholder service fee 0.21%
All other expenses 0.05%
Other Expenses (as a percentage of Assets): 0.26%
Acquired Fund Fees and Expenses 0.02% [1]
Expenses (as a percentage of Assets) 0.94%
FPA Queens Road Small Cap Value Fund | FPA Queens Road Small Cap Value Fund | Advisor Class  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.66%
Distribution and Service (12b-1) Fees 0.00%
Shareholder service fee 0.15%
All other expenses 0.05%
Other Expenses (as a percentage of Assets): 0.20%
Acquired Fund Fees and Expenses 0.02% [1]
Expenses (as a percentage of Assets) 0.88%
FPA Queens Road Small Cap Value Fund | FPA Queens Road Small Cap Value Fund | Institutional Class  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.66%
Distribution and Service (12b-1) Fees 0.00%
Shareholder service fee 0.07%
All other expenses 0.05%
Other Expenses (as a percentage of Assets): 0.12%
Acquired Fund Fees and Expenses 0.02% [1]
Expenses (as a percentage of Assets) 0.80%
FPA Queens Road Value Fund | FPA Queens Road Value Fund  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination Sep. 30, 2026
FPA Queens Road Value Fund | FPA Queens Road Value Fund | FPA Queens Road Value Fund  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.95%
Distribution and Service (12b-1) Fees 0.00%
Shareholder service fee 0.03%
All other expenses 0.37%
Other Expenses (as a percentage of Assets): 0.40%
Acquired Fund Fees and Expenses 0.01% [2]
Expenses (as a percentage of Assets) 1.36%
Fee Waiver or Reimbursement (0.62%) [3],[4]
Net Expenses (as a percentage of Assets) 0.74% [3],[4]
[1] The total annual fund operating expenses do not correlate to the ratio of expenses to average net assets appearing in the financial highlights table, which reflects only the operating expenses of the Fund and does not include acquired fund fees and expenses.
[2] The total annual fund operating expenses do not correlate to the ratio of expenses to average net assets appearing in the financial highlights table, which reflects only the operating expenses of the Fund and does not include acquired fund fees and expenses.
[3] Restated to reflect the current operating expense limitation agreement with the Fund's adviser.
[4] The adviser has contractually agreed to waive management fees and reimburse the Fund for operating expenses in excess of 0.73% of average daily net assets of the Fund, excluding interest, taxes, brokerage fees and commissions payable by the Fund in connection with the purchase or sale of portfolio securities, fees and expenses of other funds in which the Fund invests, and extraordinary expenses, including litigation expenses not incurred in the Fund's ordinary course of business, until September 30, 2026. These fee waivers and expense reimbursements are subject to possible recoupment by the adviser from the Fund in future years (within the three years from the date when the amount is waived or reimbursed) if such recoupment can be achieved within the lesser of the foregoing expense limits or the then-current expense limits. Similarly, the adviser is permitted to seek reimbursement from the Fund, subject to certain limitations, of fees waived or payments made by adviser to the Predecessor Fund (defined below) prior to the Predecessor Fund's reorganization on July 28, 2023, for a period ending three years after the date of the waiver or payment. This agreement may be terminated only by the Fund's Board of Trustees, upon written notice to the adviser.