ADIV Fees and Costs — Guinness Atkinson Asia Pacific Dividend Builder ETF
Data updated: 2026-08-28
The net expense ratio is 0.78%: a 0.75% management fee plus 1.20% other expenses, less a 1.17% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $4K in broker commissions, 0.0265% of average net assets, and portfolio turnover was 18%.
ADIV Fees and Expenses
Annual operating expenses and sales charges of ADIV. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.20% |
| Gross expense ratio | 1.95% |
| Fee waiver | −1.17% |
| Net expense ratio | 0.78% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
ADIV Costs Over Time
On $10,000 invested in ADIV, assuming 5% a year before costs, total costs come to $506 over 5 years, cutting the return by 0.85% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.78%) | $82 | $256 | $445 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $85 | $278 | $506 |
| Value after costs | $10,415 | $11,298 | $12,256 |
| Impact on return, per year | 0.85% | 0.85% | 0.85% |
ADIV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0265%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 18%
- Securities lending: none during the year
ADIV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley | $3K | 87.41% |
| CLSA Limited | $362 | 10.06% |
| Berenberg | $50 | 1.39% |
| Bernstein | $22 | 0.61% |
| BTIG | $19 | 0.53% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.