C000047629 Fees and Costs — First Trust Chindia ETF
Data updated: 2023-03-13
The net expense ratio is 0.59%: a 0.40% management fee plus 0.19% other expenses. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $38K in broker commissions, 0.0388% of average net assets, and portfolio turnover was 43%.
C000047629 Fees and Expenses
Annual operating expenses and sales charges of C000047629. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.59% |
| Fee waiver | — |
| Net expense ratio | 0.59% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
C000047629 Costs Over Time
On $10,000 invested in C000047629, assuming 5% a year before costs, total costs come to $396 over 5 years, cutting the return by 0.66% 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 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $4 | $13 | $22 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $66 | $217 | $396 |
| Value after costs | $10,434 | $11,359 | $12,367 |
| Impact on return, per year | 0.66% | 0.66% | 0.66% |
C000047629 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0388%
- Total broker commissions: $38K
- Bought from dealers (principal trades, not a cost): $103.5M
- Portfolio turnover (prospectus): 43%
- Securities on loan, average value: $4.4M
- Net income from securities lending: $67K (0.067% of average net assets)
C000047629 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $17K | 45.53% |
| SG AMERICAS SECURITIES LLC | $14K | 37.43% |
| CANTOR FITZGERALD & CO. | $3K | 7.80% |
| J.P. MORGAN SECURITIES LLC | $3K | 6.69% |
| RBC CAPITAL MARKETS, LLC | $854 | 2.23% |
| GOLDMAN SACHS & CO. LLC | $70 | 0.18% |
| BTIG, LLC | $55 | 0.14% |
C000047629 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $48.1M | 46.46% |
| J.P. Morgan Securities LLC | $36.7M | 35.43% |
| RBC CAPITAL MARKETS LLC | $11.7M | 11.29% |
| CITADEL SECURITIES LLC | $7.1M | 6.82% |
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.