C000162869 Fees and Costs — WisdomTree Dynamic Long/Short U.S. Equity Fund
Data updated: 2020-05-29
The net expense ratio is 0.48% (0.53% before fee waivers). There are no sales loads or redemption fees. In fiscal 2019 the fund paid $39K in broker commissions, 0.0297% of average net assets, and portfolio turnover was 184%.
C000162869 Fees and Expenses
Annual operating expenses and sales charges of C000162869. Prospectus, as of October 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.53% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.53% |
| Fee waiver | −0.05% |
| 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 |
C000162869 Costs Over Time
On $10,000 invested in C000162869, assuming 5% a year before costs, total costs come to $322 over 5 years, cutting the return by 0.54% 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) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $54 | $176 | $322 |
| Value after costs | $10,446 | $11,400 | $12,441 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
C000162869 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0297%
- Total broker commissions: $39K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 184%
- Securities on loan, average value: $4.3M
- Net income from securities lending: $51K (0.039% of average net assets)
C000162869 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $16K | 42.91% |
| Jane Street Execution Services, LLC | $12K | 31.47% |
| JPMorgan Chase & Co. | $9K | 22.84% |
| ITG Inc. | $221 | 0.58% |
| Credit Suisse Securities (USA) LLC | $175 | 0.46% |
| Citigroup Global Markets Inc. | $169 | 0.44% |
| HSBC Securities (USA) Inc. | $147 | 0.38% |
| Cantor Fitzgerald & Co. | $141 | 0.37% |
| UBS Securities LLC | $107 | 0.28% |
| Sanford C. Bernstein & Co., LLC | $101 | 0.26% |
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.