C000138368 Fees and Costs — Xtrackers MSCI China A Inclusion Equity ETF
Data updated: 2024-04-26
The net expense ratio is 0.60%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $314 in broker commissions, 0.0055% of average net assets, and portfolio turnover was 12%.
C000138368 Fees and Expenses
Annual operating expenses and sales charges of C000138368. Prospectus, as of September 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.60% |
| Fee waiver | — |
| Net expense ratio | 0.60% |
| 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 |
C000138368 Costs Over Time
On $10,000 invested in C000138368, assuming 5% a year before costs, total costs come to $382 over 5 years, cutting the return by 0.64% 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 0.60%) | $63 | $197 | $344 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $64 | $209 | $382 |
| Value after costs | $10,436 | $11,367 | $12,381 |
| Impact on return, per year | 0.64% | 0.64% | 0.64% |
C000138368 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): 0.0055%
- Total broker commissions: $314
- Bought from dealers (principal trades, not a cost): $745K
- Portfolio turnover (prospectus): 12%
- Securities on loan, average value: $2K
- Net income from securities lending: $35 (0.001% of average net assets)
C000138368 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $133 | 42.36% |
| UBS Securities LLC | $114 | 36.31% |
| MORGAN STANLEY & CO. LLC | $40 | 12.74% |
| GOLDMAN SACHS & CO. LLC | $16 | 5.10% |
| J.P. Morgan Securities LLC | $11 | 3.50% |
C000138368 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE BANK OF NEW YORK MELLON | $626K | 84.06% |
| Jane Street Execution Services, LLC | $62K | 8.28% |
| VIRTU AMERICAS LLC | $47K | 6.33% |
| CitiGroup Global Markets Inc. | $10K | 1.33% |
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.