C000160567 Fees and Costs — John Hancock Multifactor Healthcare ETF
Data updated: 2022-09-28
The net expense ratio is 0.40%: a 0.38% management fee plus 0.28% other expenses, less a 0.26% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $2K in broker commissions, 0.0046% of average net assets, and portfolio turnover was 47%.
C000160567 Fees and Expenses
Annual operating expenses and sales charges of C000160567. Prospectus, as of August 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.38% |
| 12b-1 fee | — |
| Other expenses | 0.28% |
| Gross expense ratio | 0.66% |
| Fee waiver | −0.26% |
| Net expense ratio | 0.40% |
| 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 |
C000160567 Costs Over Time
On $10,000 invested in C000160567, assuming 5% a year before costs, total costs come to $256 over 5 years, cutting the return by 0.42% 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 0.40%) | $42 | $132 | $230 |
| Trading costs (broker commissions) | $0 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $42 | $140 | $256 |
| Value after costs | $10,458 | $11,436 | $12,507 |
| Impact on return, per year | 0.42% | 0.42% | 0.42% |
C000160567 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0046%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $33.3M
- Portfolio turnover (prospectus): 47%
- Securities on loan, average value: $142K
- Net income from securities lending: $336 (0.001% of average net assets)
C000160567 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $952 | 42.27% |
| Instinet, LLC | $854 | 37.92% |
| Royal Bank of Canada | $214 | 9.53% |
| BTIG, LLC | $145 | 6.45% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $86 | 3.83% |
C000160567 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $30.3M | 90.96% |
| State Street Global Markets, LLC | $3.0M | 9.04% |
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.