ASPY Fees and Costs — ASYMshares ASYMmetric S&P 500 ETF
Data updated: 2023-10-27
The net expense ratio is 0.99%. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $14K in broker commissions, 0.0481% of average net assets.
ASPY Fees and Expenses
Annual operating expenses and sales charges of ASPY. Prospectus, as of August 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.99% |
| Fee waiver | — |
| Net expense ratio | 0.99% |
| 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 |
ASPY Costs Over Time
On $10,000 invested in ASPY, assuming 5% a year before costs, total costs come to $649 over 5 years, cutting the return by 1.09% 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 0.99%) | $104 | $324 | $562 |
| Trading costs (broker commissions) | $5 | $16 | $27 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $109 | $357 | $649 |
| Value after costs | $10,391 | $11,219 | $12,114 |
| Impact on return, per year | 1.09% | 1.09% | 1.09% |
ASPY Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0481%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
ASPY Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MISCHLER FINANCIAL GROUP, INC. | $6K | 44.62% |
| Mirae Asset Securities Inc. | $3K | 24.04% |
| Merrill Lynch Inc | $3K | 22.78% |
| Goldman Sachs & Co | $866 | 6.20% |
| BTIG, LLC | $201 | 1.44% |
| WALLACHBETH CAPITAL LLC | $106 | 0.76% |
| Telsey Advisory Group LLC | $24 | 0.17% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.