C000131678 Fees and Costs — Hull Tactical US ETF
Data updated: 2023-07-28
The net expense ratio is 0.95%. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $8K in broker commissions, 0.0307% of average net assets, and portfolio turnover was 215%.
C000131678 Fees and Expenses
Annual operating expenses and sales charges of C000131678. Prospectus, as of March 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.91% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.95% |
| Fee waiver | — |
| Net expense ratio | 0.95% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000131678 Costs Over Time
On $10,000 invested in C000131678, assuming 5% a year before costs, total costs come to $614 over 5 years, cutting the return by 1.03% 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) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $103 | $337 | $614 |
| Value after costs | $10,397 | $11,239 | $12,149 |
| Impact on return, per year | 1.03% | 1.03% | 1.03% |
C000131678 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0307%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 215%
- Securities lending: none during the year
C000131678 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INTERACTIVE BROKERS LLC | $7K | 99.20% |
| JPM CHASE | $36 | 0.47% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $25 | 0.33% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.