ASGM Fees and Costs — Virtus AlphaSimplex Global Macro ETF
Data updated: 2026-10-13
The net expense ratio is 0.86%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $252 in broker commissions, 0.0036% of average net assets.
ASGM Fees and Expenses
Annual operating expenses and sales charges of ASGM. Prospectus, as of June 4, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.86% |
| Fee waiver | — |
| Net expense ratio | 0.86% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
ASGM Costs Over Time
On $10,000 invested in ASGM, assuming 5% a year before costs, total costs come to $542 over 5 years, cutting the return by 0.91% 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 0.86%) | $90 | $282 | $490 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $91 | $297 | $542 |
| Value after costs | $10,409 | $11,279 | $12,221 |
| Impact on return, per year | 0.91% | 0.91% | 0.91% |
ASGM Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0036%
- Total broker commissions: $252
- Bought from dealers (principal trades, not a cost): $16.3M
- Portfolio turnover (prospectus): —
ASGM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $191 | 75.79% |
| GOLDMAN SACHS & CO. LLC | $61 | 24.21% |
ASGM Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| OPPENHEIMER & CO. INC. | $12.2M | 75.11% |
| BOFA SECURITIES, INC. | $3.7M | 22.59% |
| THE BANK OF NEW YORK MELLON | $375K | 2.30% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.