C000096057 Fees and Costs — Xtrackers MSCI Germany Hedged Equity ETF
Data updated: 2024-04-26
The net expense ratio is 0.45%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $253 in broker commissions, 0.0029% of average net assets, and portfolio turnover was 20%.
C000096057 Fees and Expenses
Annual operating expenses and sales charges of C000096057. Prospectus, as of September 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| 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 |
C000096057 Costs Over Time
On $10,000 invested in C000096057, assuming 5% a year before costs, total costs come to $286 over 5 years, cutting the return by 0.48% 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 0.45%) | $47 | $148 | $259 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $48 | $157 | $286 |
| Value after costs | $10,452 | $11,420 | $12,476 |
| Impact on return, per year | 0.48% | 0.48% | 0.48% |
C000096057 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0029%
- Total broker commissions: $253
- Bought from dealers (principal trades, not a cost): $4.3M
- Portfolio turnover (prospectus): 20%
- Securities on loan, average value: $8K
- Net income from securities lending: $53 (0.001% of average net assets)
C000096057 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $95 | 37.55% |
| BARCLAYS CAPITAL, INC. | $79 | 31.23% |
| GOLDMAN SACHS & CO. LLC | $37 | 14.62% |
| CitiGroup Global Markets Inc. | $26 | 10.28% |
| UBS Securities LLC | $13 | 5.14% |
| RBC CAPITAL MARKETS, LLC | $1 | 0.40% |
| J.P. Morgan Securities LLC | $1 | 0.40% |
| INSTINET, LLC | $1 | 0.40% |
C000096057 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.4M | 32.94% |
| THE BANK OF NEW YORK MELLON | $1.3M | 31.01% |
| GOLDMAN SACHS & CO. LLC | $640K | 14.85% |
| Jane Street Execution Services, LLC | $365K | 8.47% |
| VIRTU AMERICAS LLC | $244K | 5.66% |
| UBS SECURITIES LLC | $119K | 2.76% |
| BOFA SECURITIES, INC. | $72K | 1.67% |
| MORGAN STANLEY & CO. LLC | $72K | 1.67% |
| CitiGroup Global Markets Inc. | $33K | 0.77% |
| SUSQUEHANNA INVESTMENT GROUP | $9K | 0.21% |
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.