v3.25.4
Annual Fund Operating Expenses - Lone Peak Value Fund
Jan. 31, 2026
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination January 31, 2027
Lone Peak Value Fund Investor Class  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.75%
Distribution and Service (12b-1) Fees 0.25%
Component1 Other Expenses 0.10%
Component2 Other Expenses 0.25%
Expenses (as a percentage of Assets) 1.35%
Fee Waiver or Reimbursement (0.20%) [1]
Net Expenses (as a percentage of Assets) 1.15% [1]
Lone Peak Value Fund Institutional Class  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.75%
Distribution and Service (12b-1) Fees 0.00%
Component1 Other Expenses 0.10%
Component2 Other Expenses 0.32%
Expenses (as a percentage of Assets) 1.17%
Fee Waiver or Reimbursement (0.27%) [1]
Net Expenses (as a percentage of Assets) 0.90% [1]
Lone Peak Value Fund Super Institutional Class  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.75%
Distribution and Service (12b-1) Fees 0.00%
Component1 Other Expenses 0.00%
Component2 Other Expenses 0.32%
Expenses (as a percentage of Assets) 1.07%
Fee Waiver or Reimbursement (0.25%) [1]
Net Expenses (as a percentage of Assets) 0.82% [1]
[1] Lone Peak Global Investors, LLC (the “Adviser”) has entered into a written expense limitation agreement under which it has agreed to reduce its fees and/or reimburse certain Fund expenses until January 31, 2027 to keep Total Annual Fund Operating Expenses (excluding interest, distribution and service fees pursuant to Rule 12b-1 Plans, taxes, brokerage commissions, acquired fund fees and expenses, dividend expense on short sales, other expenditures capitalized in accordance with generally accepted accounting principles and other extraordinary expenses not incurred in the ordinary course of business) from exceeding 0.90%, 0.90% and 0.82%, respectively, of the daily net assets of the Fund’s Investor Class, Institutional Class and Super Institutional Class. Each waiver of fees and/or reimbursement of an expense by the Adviser is subject to repayment by the Fund within three years following the date such waiver and/or reimbursement was made, provided that the Fund is able to make the repayment without exceeding the expense limitation in place at the time of the waiver or reimbursement and at the time the waiver or reimbursement is recouped. The Trust and the Adviser may terminate this expense limitation agreement prior to January 31, 2027 only by mutual written consent.