C000113858 Fees and Costs — ProShares UltraPro Financial Select Sector
Data updated: 2020-04-28
The net expense ratio is 0.95%: a 0.75% management fee plus 0.48% other expenses, less a 0.28% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $2K in broker commissions, 0.0048% of average net assets, and portfolio turnover was 21%.
C000113858 Fees and Expenses
Annual operating expenses and sales charges of C000113858. Prospectus, as of September 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 0.48% |
| Gross expense ratio | 1.23% |
| Fee waiver | −0.28% |
| Net expense ratio | 0.95% |
| 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 | Yes |
C000113858 Costs Over Time
On $10,000 invested in C000113858, assuming 5% a year before costs, total costs come to $598 over 5 years, cutting the return by 1.00% 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 0.95%) | $100 | $311 | $540 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $15 | $55 |
| Total costs | $100 | $328 | $598 |
| Value after costs | $10,400 | $11,248 | $12,165 |
| Impact on return, per year | 1.00% | 1.00% | 1.00% |
C000113858 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0048%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $37.1M
- Portfolio turnover (prospectus): 21%
- Securities on loan, average value: $2K
- Net income from securities lending: $3 (0.000% of average net assets)
C000113858 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| DEUTSCHE BANK AG | $1K | 65.87% |
| BANK OF AMERICA CORP. | $639 | 34.13% |
C000113858 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORP. | $36.8M | 99.32% |
| JPMORGAN CHASE & CO. | $251K | 0.68% |
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.