AHLT Fees and Costs — American Beacon AHL Trend ETF
Data updated: 2026-09-24
The net expense ratio is 0.96%: a 0.95% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $15K in broker commissions, 0.0299% of average net assets.
AHLT Fees and Expenses
Annual operating expenses and sales charges of AHLT. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.96% |
| Fee waiver | — |
| Net expense ratio | 0.96% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
AHLT Costs Over Time
On $10,000 invested in AHLT, assuming 5% a year before costs, total costs come to $619 over 5 years, cutting the return by 1.04% 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 0.96%) | $101 | $315 | $546 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $104 | $340 | $619 |
| Value after costs | $10,396 | $11,236 | $12,144 |
| Impact on return, per year | 1.04% | 1.04% | 1.04% |
AHLT Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0299%
- Total broker commissions: $15K
- Bought from dealers (principal trades, not a cost): $160.4M
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
AHLT Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO Capital Markets Corp. | $55.0M | 34.32% |
| J.P. Morgan Securities LLC | $33.8M | 21.08% |
| Morgan Stanley & Co. LLC | $22.6M | 14.13% |
| Barclays Capital Inc. | $17.3M | 10.79% |
| Citigroup Global Markets Inc. | $14.6M | 9.09% |
| BofA Securities, Inc. | $7.6M | 4.72% |
| Goldman Sachs & Co. LLC | $6.1M | 3.82% |
| Deutsche Bank Securities Inc. | $1.5M | 0.96% |
| SG Americas Securities, LLC | $1.2M | 0.77% |
| Nomura Securities International, Inc. | $499K | 0.31% |
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.