C000157308 Fees and Costs — iShares Currency Hedged MSCI Mexico ETF
Data updated: 2021-07-28
The net expense ratio is 0.54% (1.13% before fee waivers). There are no sales loads or redemption fees. In fiscal 2020 the fund paid $65 in broker commissions, 0.0086% of average net assets, and portfolio turnover was 30%.
C000157308 Fees and Expenses
Annual operating expenses and sales charges of C000157308. Prospectus, as of December 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.62% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 1.13% |
| Fee waiver | −0.59% |
| Net expense ratio | 0.54% |
| 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 |
C000157308 Costs Over Time
On $10,000 invested in C000157308, assuming 5% a year before costs, total costs come to $346 over 5 years, cutting the return by 0.58% 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 0.54%) | $57 | $178 | $310 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $58 | $189 | $346 |
| Value after costs | $10,442 | $11,387 | $12,417 |
| Impact on return, per year | 0.58% | 0.58% | 0.58% |
C000157308 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0086%
- Total broker commissions: $65
- Bought from dealers (principal trades, not a cost): $98K
- Portfolio turnover (prospectus): 30%
- Securities on loan, average value: $117K
- Net income from securities lending: $2K (0.303% of average net assets)
C000157308 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Bofa Securities, Inc. | $15 | 23.03% |
| Goldman Sachs & Co. LLC | $12 | 18.07% |
| Credit Suisse Securities (USA) LLC | $10 | 14.67% |
| BMO Capital Markets Corp. | $7 | 11.23% |
| Citigroup Global Markets Inc. | $6 | 9.48% |
| Wells Fargo Securities, LLC | $5 | 8.45% |
| UBS Securities LLC | $4 | 6.19% |
| Morgan Stanley & Co. LLC | $3 | 4.99% |
| J.P. Morgan Securities LLC | $1 | 2.18% |
| Barclays Capital Inc. | $1 | 1.70% |
C000157308 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $98K | 100.00% |
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.