C000160171 Fees and Costs — iShares Currency Hedged JPX-Nikkei 400 ETF
Data updated: 2022-08-25
The net expense ratio is 0.48% (1.08% before fee waivers). There are no sales loads or redemption fees. In fiscal 2022 the fund paid $91 in broker commissions, 0.0026% of average net assets, and portfolio turnover was 5%.
C000160171 Fees and Expenses
Annual operating expenses and sales charges of C000160171. Prospectus, as of July 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.59% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 1.08% |
| Fee waiver | −0.60% |
| Net expense ratio | 0.48% |
| 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 |
C000160171 Costs Over Time
On $10,000 invested in C000160171, assuming 5% a year before costs, total costs come to $305 over 5 years, cutting the return by 0.51% 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 0.48%) | $50 | $158 | $276 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $51 | $167 | $305 |
| Value after costs | $10,449 | $11,409 | $12,458 |
| Impact on return, per year | 0.51% | 0.51% | 0.51% |
C000160171 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0026%
- Total broker commissions: $91
- Bought from dealers (principal trades, not a cost): $301K
- Portfolio turnover (prospectus): 5%
- Securities lending: none during the year
C000160171 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $79 | 86.33% |
| Barclays Capital Inc. | $7 | 7.79% |
| Credit Suisse Securities (USA) LLC | $4 | 4.47% |
| UBS Securities LLC | $1 | 1.19% |
| Citigroup Global Markets Inc. | $0 | 0.18% |
| J.P. Morgan Securities LLC | $0 | 0.04% |
C000160171 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $301K | 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.