BFIT Fees and Costs — Global X Health & Wellness ETF
Data updated: 2024-02-13
The net expense ratio is 0.50%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $2K in broker commissions, 0.0115% of average net assets, and portfolio turnover was 13%.
BFIT Fees and Expenses
Annual operating expenses and sales charges of BFIT. Prospectus, as of March 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| 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 |
BFIT Costs Over Time
On $10,000 invested in BFIT, assuming 5% a year before costs, total costs come to $323 over 5 years, cutting the return by 0.54% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $54 | $177 | $323 |
| Value after costs | $10,446 | $11,400 | $12,440 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
BFIT Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0115%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 13%
- Securities lending: none during the year
BFIT Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BAIRD, ROBERT W., & CO., INCORPORATED | $1K | 66.88% |
| JP MORGAN | $264 | 13.11% |
| CITIGROUP | $202 | 10.03% |
| UBS SECURITIES LLC | $96 | 4.75% |
| MIDWEST RESEARCH SECURITIES | $75 | 3.71% |
| MIZUHO SECURITIES USA INC | $31 | 1.52% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.