C000164639 Fees and Costs — WisdomTree Japan Multifactor Fund
Data updated: 2020-05-29
The net expense ratio is 0.43% (0.48% before fee waivers). There are no sales loads or redemption fees. In fiscal 2019 the fund paid $1K in broker commissions, 0.0464% of average net assets, and portfolio turnover was 104%.
C000164639 Fees and Expenses
Annual operating expenses and sales charges of C000164639. Prospectus, as of October 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.48% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.43% |
| 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 |
C000164639 Costs Over Time
On $10,000 invested in C000164639, assuming 5% a year before costs, total costs come to $301 over 5 years, cutting the return by 0.50% 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 0.43%) | $45 | $142 | $247 |
| Trading costs (broker commissions) | $5 | $15 | $27 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $50 | $165 | $301 |
| Value after costs | $10,450 | $11,412 | $12,462 |
| Impact on return, per year | 0.50% | 0.50% | 0.50% |
C000164639 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): 0.0464%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $59K
- Portfolio turnover (prospectus): 104%
- Securities on loan, average value: $34K
- Net income from securities lending: $311 (0.013% of average net assets)
C000164639 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Credit Suisse Securities (USA) LLC | $396 | 34.57% |
| HSBC Securities (USA) Inc. | $395 | 34.49% |
| Goldman Sachs & Co. LLC | $188 | 16.45% |
| Instinet, LLC | $101 | 8.86% |
| JPMorgan Chase & Co. | $17 | 1.45% |
| Citigroup Global Markets Inc. | $15 | 1.34% |
| CLSA Americas, LLC | $13 | 1.11% |
| SMBC Nikko Securities America, Inc. | $8 | 0.69% |
| Sanford C. Bernstein & Co., LLC | $7 | 0.61% |
| Societe Generale | $5 | 0.42% |
C000164639 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $44K | 81.07% |
| Goldman Sachs & Co. LLC | $10K | 18.93% |
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.