BKIS Fees and Costs — BNY Mellon Sustainable International Equity ETF
Data updated: 2024-03-21
The net expense ratio is 0.70%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $925 in broker commissions, 0.0110% of average net assets, and portfolio turnover was 27%.
BKIS Fees and Expenses
Annual operating expenses and sales charges of BKIS. Prospectus, as of September 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.70% |
| Fee waiver | — |
| Net expense ratio | 0.70% |
| 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 |
BKIS Costs Over Time
On $10,000 invested in BKIS, assuming 5% a year before costs, total costs come to $447 over 5 years, cutting the return by 0.75% 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 0.70%) | $74 | $230 | $400 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $12 | $41 |
| Total costs | $75 | $245 | $447 |
| Value after costs | $10,425 | $11,331 | $12,316 |
| Impact on return, per year | 0.75% | 0.75% | 0.75% |
BKIS 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): 0.0110%
- Total broker commissions: $925
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 27%
- Securities lending: none during the year
BKIS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $162 | 17.76% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $153 | 16.78% |
| BNP Paribas Securities Corp. | $100 | 10.96% |
| LIQUIDNET, INC. | $88 | 9.65% |
| GOLDMAN SACHS & CO. LLC | $80 | 8.77% |
| CLSA Americas, LLC | $80 | 8.77% |
| JEFFERIES LLC | $72 | 7.89% |
| OPTIVER US LLC | $71 | 7.79% |
| BARCLAYS CAPITAL, INC. | $67 | 7.35% |
| Cowen and Company, LLC | $39 | 4.28% |
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.