Fees and Expenses
KEELEY Small Cap Value Fund - Class A Share's annual operating expenses as of 9.30.11 were 1.36% and included a 0.25% 12b-1 fee and 1% investment adviser fee on the first $1 billion, 0.90% of the next $5 billion, 0.80% on the next $2 billion, 0.70% on the next $2 billion and 0.60% on the balance of the average daily net assets.
KEELEY Small Cap Value Fund - Class I Share's annual operating expenses as of 9.30.11 were 1.14% and included a 1% investment adviser fee on the first $1 billion, 0.90% of the next $5 billion, 0.80% on the next $2 billion, 0.70% on the next $2 billion and 0.60% on the balance of the average daily net assets. The minimum initial investment is $1,000,000 with a subsequent investment minimum of $10,000.
KEELEY Small Cap Dividend Value Fund - Class A Share's annual operating expenses are capped at 1.39% until January 31, 2012 and include a 0.25% 12b-1 fee (paid immediately) and 1% investment adviser fee on the first $350 million, 0.90% of the next $350 million and 0.80% of $700 million on the balance of average daily net assets.
KEELEY Small Cap Dividend Value Fund - Class I Share's annual operating expenses are capped at 1.14% until January 31, 2012 and include a 1% investment adviser fee on the first $350 million, 0.90% of the next $350 million and 0.80% of $700 million on the balance of average daily net assets. The minimum initial investment is $1,000,000 with a subsequent investment minimum of $10,000.
KEELEY Small-Mid Cap Value Fund - Class A Share's annual operating expenses are capped at 1.39% until January 31, 2012 and include a 0.25% 12b-1 fee (paid immediately) and 1% investment adviser fee on the first $350 million, 0.90% of the next $350 million and 0.80% of $700 million on the balance of average daily net assets.
KEELEY Small-Mid Cap Value Fund - Class I Share's annual operating expenses are capped at 1.14% until January 31, 2012 and include a 1% investment adviser fee on the first $350 million, 0.90% of the next $350 million and 0.80% of $700 million on the balance of average daily net assets. The minimum initial investment is $1,000,000 with a subsequent investment minimum of $10,000.
KEELEY Mid Cap Value Fund - Class A Share's annual operating expenses are capped at 1.39% until January 31, 2012 and include a 0.25% 12b-1 fee (paid immediately) and 1% investment adviser fee on the first $350 million, 0.90% of the next $350 million and 0.80% of $700 million on the balance of average daily net assets.
KEELEY Mid Cap Value Fund - Class I Share's annual operating expenses are capped at 1.14% until January 31, 2012 and include a 1% investment adviser fee on the first $350 million, 0.90% of the next $350 million and 0.80% of $700 million on the balance of average daily net assets. The minimum initial investment is $1,000,000 with a subsequent investment minimum of $10,000.
KEELEY Mid Cap Dividend Value Fund - Class A Share's annual operating expenses are capped at 1.39% until October 1, 2012 and include a 0.25% 12b-1 fee (paid immediately) and 1% investment adviser fee on the first $350 million, 0.90% of the next $350 million and 0.80% of $700 million on the balance of average daily net assets.
KEELEY Mid Cap Dividend Value Fund - Class I Share's annual operating expenses are capped at 1.14% until October 1, 2012 and include a 1% investment adviser fee on the first $350 million, 0.90% of the next $350 million and 0.80% of $700 million on the balance of average daily net assets. The minimum initial investment is $1,000,000 with a subsequent investment minimum of $10,000.
KEELEY All Cap Value Fund - Class A Share's annual operating expenses are capped at 1.39% January 31, 2012 and include a 0.25% 12b-1 fee (paid immediately) and 1% investment adviser fee on the first $350 million, 0.90% of the next $350 million and 0.80% of $700 million on the balance of average daily net assets.
KEELEY All Cap Value Fund - Class I Share's annual operating expenses are capped at 1.14% until January 31, 2012 and include a 1% investment adviser fee on the first $350 million, 0.90% of the next $350 million and 0.80% of $700 million on the balance of average daily net assets. The minimum initial investment is $1,000,000 with a subsequent investment minimum of $10,000.
KEELEY Alternative Value Fund - Class A Share's annual operating expenses are capped at 1.89% until January 31, 2012 and include a 0.25% 12b-1 fee (paid immediately) and 1.60% investment adviser fee. The Adviser gets 1% of this fee and Broadmark Asset Management gets 0.60% for sub-advising the fund.
KEELEY Alternative Value Fund - Class I Share's annual operating expenses are capped at 1.64% until January 31, 2012 and include a 1.60% investment adviser fee. The Adviser gets 1% of this fee and Broadmark Asset Management gets 0.60% for sub-advising the fund.