ARCM Fees and Costs — Arrow Reserve Capital Management ETF
Data updated: 2026-09-28
The net expense ratio is 0.50%: a 0.30% management fee plus 0.39% other expenses, less a 0.19% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 80%.
ARCM Fees and Expenses
Annual operating expenses and sales charges of ARCM. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.39% |
| Gross expense ratio | 0.69% |
| Fee waiver | −0.19% |
| Net expense ratio | 0.50% |
| 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 | Yes |
ARCM Costs Over Time
On $10,000 invested in ARCM, assuming 5% a year before costs, total costs come to $316 over 5 years, cutting the return by 0.52% 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 0.50%) | $52 | $165 | $287 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $52 | $173 | $316 |
| Value after costs | $10,448 | $11,403 | $12,447 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
ARCM 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $164.2M
- Portfolio turnover (prospectus): 80%
- Securities lending: none during the year
ARCM Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $48.0M | 29.67% |
| RBC Capital Markets, LLC | $32.9M | 20.35% |
| Goldman Sachs & Co. LLC | $23.6M | 14.59% |
| Samuel A. Ramirez & Company, Inc. | $20.3M | 12.55% |
| Morgan Stanley & Co., LLC | $16.9M | 10.42% |
| Stonex Financial, Inc. | $8.2M | 5.09% |
| Keybanc Capital Markets Inc. | $7.2M | 4.45% |
| Jefferies LLC | $2.2M | 1.38% |
| Stifel, Nicolaus & Company, Incorporated | $1.4M | 0.84% |
| Barclays Capital Inc. | $1.1M | 0.66% |
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.