v3.25.4
Annual Fund Operating Expenses
Feb. 28, 2026
The Ambassador Fund  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination February 28, 2027
The Ambassador Fund | Class S Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.20%
Distribution and Service (12b-1) Fees 0.25%
Component1 Other Expenses 0.02%
Component2 Other Expenses 0.14%
Other Expenses (as a percentage of Assets): 0.16% [1]
Fee Waiver or Reimbursement 0.05% [2]
Net Expenses (as a percentage of Assets) 1.66%
The Ambassador Fund | Institutional Class Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.20%
Distribution and Service (12b-1) Fees 0.00%
Component1 Other Expenses 0.02%
Component2 Other Expenses 0.14%
Other Expenses (as a percentage of Assets): 0.16% [1]
Fee Waiver or Reimbursement 0.05% [2]
Net Expenses (as a percentage of Assets) 1.41%
The Diplomat Fund  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination February 28, 2027
The Diplomat Fund | The Diplomat Fund Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.90%
Distribution and Service (12b-1) Fees 2.99%
Component1 Other Expenses 0.02%
Component2 Other Expenses 2.97%
Expenses (as a percentage of Assets) 3.89%
Fee Waiver or Reimbursement (2.87%) [3]
Net Expenses (as a percentage of Assets) 1.02%
[1] Other expenses for Class S have been estimated for the current fiscal year. Actual expenses may differ from estimates.
[2] The Fund’s advisor has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating expenses (excluding any Rule 12b-1 fees, shareholder servicing fees, taxes, interest on borrowings other than commitment fees associated with borrowing arrangements, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with Form N-1A), other expenditures which are capitalized in accordance with generally accepted accounting principles, expenses incurred in connection with any merger or reorganization, and extraordinary expenses such as litigation expenses) do not exceed, in each case, 1.40% of the average daily net assets of Class S shares and Institutional Class shares of the Fund. This agreement is in effect through February 28, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. The Fund’s advisor is permitted to seek reimbursement from the Fund, subject to certain limitations, of fees waived or payments made to the Fund for a period ending three full years after the date of the waiver or payment. This reimbursement may be requested from the Fund if the reimbursement will not cause the Fund’s annual expense ratio to exceed the lesser of (a) the expense limitation in effect at the time such fees were waived or payments made, or (b) the expense limitation in effect at the time of the reimbursement.
[3] The Fund’s advisor has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating expenses (excluding any Rule 12b-1 fees, shareholder servicing fees, interest on borrowings other than commitment fees associated with borrowing arrangements, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), other expenditures which are capitalized in accordance with generally accepted accounting principles, expenses incurred in connection with any merger or reorganization, and extraordinary expenses such as litigation expenses) do not exceed 1.00% of the average daily net assets of the Fund. This agreement is in effect through February 28, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. The Fund’s advisor is permitted to seek reimbursement from the Fund, subject to certain limitations, of fees waived or payments made to the Fund for a period ending three years after the date of the waiver or payment. This reimbursement may be requested from the Fund if the reimbursement will not cause the Fund’s annual expense ratio to exceed the lesser of (a) the expense limitation in effect at the time such fees were waived or payments made, or (b) the expense limitation in effect at the time of the reimbursement.