BBIP Fees and Costs — JPMorgan BetaBuilders U.S. TIPS 0-5 Year ETF
Data updated: 2024-10-28
The net expense ratio is 0.07%. There are no sales loads or redemption fees. Portfolio turnover was 20%.
BBIP Fees and Expenses
Annual operating expenses and sales charges of BBIP. Prospectus, as of June 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.07% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.07% |
| Fee waiver | — |
| Net expense ratio | 0.07% |
| 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 | No |
BBIP Costs Over Time
On $10,000 invested in BBIP, assuming 5% a year before costs, total costs come to $45 over 5 years, cutting the return by 0.07% 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 0.07%) | $7 | $23 | $41 |
| Lost growth on money paid in costs | $0 | $1 | $4 |
| Total costs | $7 | $24 | $45 |
| Value after costs | $10,493 | $11,552 | $12,718 |
| Impact on return, per year | 0.07% | 0.07% | 0.07% |
BBIP Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 29, 2024.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $11.3M
- Portfolio turnover (prospectus): 20%
- Securities lending: none during the year
BBIP Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $3.4M | 30.39% |
| Credit Agricole Securities (USA) Inc. | $2.2M | 19.18% |
| Citigroup Global Markets Inc. | $2.1M | 18.57% |
| BMO Nesbitt Burns Securities Ltd. | $1.6M | 13.77% |
| Goldman Sachs & Co. LLC | $769K | 6.79% |
| BNP Paribas Securities Corp. | $749K | 6.62% |
| Morgan Stanley & Co. LLC | $373K | 3.29% |
| BofA Securities, Inc. | $157K | 1.38% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.