AMPD Fees and Costs — CNIC ICE U.S. Carbon Neutral Power Futures Index ETF
Data updated: 2025-03-31
The net expense ratio is 1.03%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $5K in broker commissions, 0.1136% of average net assets, and portfolio turnover was 0%.
AMPD Fees and Expenses
Annual operating expenses and sales charges of AMPD. Prospectus, as of August 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 1.03% |
| Fee waiver | — |
| Net expense ratio | 1.03% |
| 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 |
AMPD Costs Over Time
On $10,000 invested in AMPD, assuming 5% a year before costs, total costs come to $713 over 5 years, cutting the return by 1.20% 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 1.03%) | $108 | $337 | $583 |
| Trading costs (broker commissions) | $12 | $37 | $64 |
| Lost growth on money paid in costs | $0 | $19 | $65 |
| Total costs | $120 | $393 | $713 |
| Value after costs | $10,380 | $11,184 | $12,050 |
| Impact on return, per year | 1.20% | 1.20% | 1.20% |
AMPD Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.1136%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $6.5M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
AMPD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITICORP SECURITIES SERVICES INC. | $5K | 100.00% |
AMPD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STONEX FINANCIAL INC. | $6.5M | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.