C000156471 Fees and Costs — Knowledge Leaders Developed World ETF
Data updated: 2020-07-07
The net expense ratio is 0.75%. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $21K in broker commissions, 0.0158% of average net assets, and portfolio turnover was 18%.
C000156471 Fees and Expenses
Annual operating expenses and sales charges of C000156471. Prospectus, as of August 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 |
C000156471 Costs Over Time
On $10,000 invested in C000156471, assuming 5% a year before costs, total costs come to $481 over 5 years, cutting the return by 0.80% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $80 | $264 | $481 |
| Value after costs | $10,420 | $11,312 | $12,282 |
| Impact on return, per year | 0.80% | 0.80% | 0.80% |
C000156471 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0158%
- Total broker commissions: $21K
- Bought from dealers (principal trades, not a cost): $40.7M
- Portfolio turnover (prospectus): 18%
- Securities lending: none during the year
C000156471 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $20K | 96.16% |
| VIRTU ITG EUROPE LIMITED | $296 | 1.41% |
| VIRTU ITG LLC | $228 | 1.09% |
| BNP PARIBAS SECURITIES CORP. | $192 | 0.92% |
| BTIG, LLC | $89 | 0.42% |
C000156471 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $19.3M | 47.48% |
| J.P. Morgan Securities LLC | $15.1M | 37.02% |
| CREDIT SUISSE SECURITIES (USA) LLC | $3.3M | 8.18% |
| BOFA SECURITIES, INC. | $1.4M | 3.36% |
| DULUXGROUP LTD | $448K | 1.10% |
| MERLIN ENTERTAINMENTS LIMITED | $435K | 1.07% |
| Red Hat, Inc. | $424K | 1.04% |
| Oriflame Swiss Holding AG | $308K | 0.76% |
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.