AWAY Fees and Costs — ETFMG Travel Tech ETF
Data updated: 2024-02-28
The net expense ratio is 0.76%: a 0.75% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $153K in broker commissions, 0.1141% of average net assets, and portfolio turnover was 40%.
AWAY Fees and Expenses
Annual operating expenses and sales charges of AWAY. Prospectus, as of January 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.76% |
| Fee waiver | — |
| Net expense ratio | 0.76% |
| 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 |
AWAY Costs Over Time
On $10,000 invested in AWAY, assuming 5% a year before costs, total costs come to $548 over 5 years, cutting the return by 0.92% 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 0.76%) | $80 | $249 | $433 |
| Trading costs (broker commissions) | $12 | $37 | $65 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $92 | $301 | $548 |
| Value after costs | $10,408 | $11,275 | $12,215 |
| Impact on return, per year | 0.92% | 0.92% | 0.92% |
AWAY Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.1141%
- Total broker commissions: $153K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 40%
- Securities on loan, average value: $14.1M
- Net income from securities lending: $228K (0.170% of average net assets)
AWAY Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MIRAE ASSET SECURITIES (USA) INC. | $96K | 62.97% |
| Baypoint Trading LLC/Bass Trading, Bass Trading, BTIG LLC | $53K | 34.76% |
| Goldman Sachs & Co, Benchmark, Benchmark Asset Management Inc, Benchmark Co. Inc. (The) | $1K | 0.73% |
| Mizuho Securities USA, Miziho Securities USA Inc, BNY/Mizuho Securities USA Inc., Mizuho Trust & Banking Co. | $1K | 0.69% |
| Merrill Lynch Inc, BAML, Banc of America Capital Management Inc., Bank of America, Bank of America N.A. | $814 | 0.53% |
| CREDIT SUISSE | $405 | 0.27% |
| UBS Asset Management (Americas) Inc. | $86 | 0.06% |
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.