BKES Fees and Costs — BNY Mellon Sustainable Global Emerging Markets ETF
Data updated: 2024-03-21
The net expense ratio is 0.75%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $3K in broker commissions, 0.0266% of average net assets, and portfolio turnover was 23%.
BKES Fees and Expenses
Annual operating expenses and sales charges of BKES. Prospectus, as of September 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 |
BKES Costs Over Time
On $10,000 invested in BKES, assuming 5% a year before costs, total costs come to $488 over 5 years, cutting the return by 0.82% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $82 | $268 | $488 |
| Value after costs | $10,418 | $11,309 | $12,275 |
| Impact on return, per year | 0.82% | 0.82% | 0.82% |
BKES Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0266%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 23%
- Securities lending: none during the year
BKES Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CLSA CAPITAL LIMITED | $622 | 25.55% |
| HSBC SECURITIES (USA) INC. | $350 | 14.38% |
| AVIOR CAPITAL MARKETS US, LLC | $343 | 14.09% |
| JEFFERIES LLC | $276 | 11.34% |
| J.P. Morgan Securities LLC | $221 | 9.08% |
| CITIGROUP GLOBAL MARKETS INC. | $189 | 7.76% |
| UBS Securities LLC | $138 | 5.67% |
| MACQUARIE CAPITAL (USA), INC. | $114 | 4.68% |
| GOLDMAN SACHS & CO. LLC | $98 | 4.03% |
| MORGAN STANLEY & CO. LLC | $83 | 3.41% |
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.