BAMV Fees and Costs — Brookstone Value Stock ETF
Data updated: 2026-09-24
The net expense ratio is 0.86%: a 0.65% management fee plus 0.21% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $20K in broker commissions, 0.0206% of average net assets, and portfolio turnover was 94%.
BAMV Fees and Expenses
Annual operating expenses and sales charges of BAMV. Prospectus, as of September 24, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.21% |
| Gross expense ratio | 0.86% |
| Fee waiver | — |
| Net expense ratio | 0.86% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
BAMV Costs Over Time
On $10,000 invested in BAMV, assuming 5% a year before costs, total costs come to $552 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 0.86%) | $90 | $282 | $490 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $14 | $51 |
| Total costs | $92 | $303 | $552 |
| Value after costs | $10,408 | $11,273 | $12,211 |
| Impact on return, per year | 0.92% | 0.92% | 0.92% |
BAMV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0206%
- Total broker commissions: $20K
- Bought from dealers (principal trades, not a cost): $162.8M
- Portfolio turnover (prospectus): 94%
- Securities lending: none during the year
BAMV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GTS Securities, LLC | $20K | 100.00% |
BAMV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS | $139.8M | 85.88% |
| BANK OF AMERICA MERRILL LYNCH | $13.8M | 8.49% |
| VIRTU FINANCIAL | $9.2M | 5.64% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.