C000164641 Fees and Costs — WisdomTree Europe 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 $6K in broker commissions, 0.0448% of average net assets, and portfolio turnover was 109%.
C000164641 Fees and Expenses
Annual operating expenses and sales charges of C000164641. 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 |
C000164641 Costs Over Time
On $10,000 invested in C000164641, assuming 5% a year before costs, total costs come to $300 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 | $26 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $50 | $164 | $300 |
| Value after costs | $10,450 | $11,412 | $12,463 |
| Impact on return, per year | 0.50% | 0.50% | 0.50% |
C000164641 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): 0.0448%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $163K
- Portfolio turnover (prospectus): 109%
- Securities on loan, average value: $217K
- Net income from securities lending: $7K (0.051% of average net assets)
C000164641 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Pershing LLC | $3K | 40.20% |
| Macquarie Capital (USA) Inc. | $1K | 22.81% |
| ITG Inc. | $896 | 14.17% |
| Instinet, LLC | $879 | 13.89% |
| UBS Securities LLC | $169 | 2.66% |
| CLSA Americas, LLC | $154 | 2.43% |
| JPMorgan Chase & Co. | $117 | 1.84% |
| Credit Suisse Securities (USA) LLC | $58 | 0.92% |
| Sanford C. Bernstein & Co., LLC | $39 | 0.62% |
| Banco Santander, S.A. | $29 | 0.45% |
C000164641 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMorgan Chase & Co. | $137K | 97.51% |
| Goldman Sachs & Co. LLC | $3K | 2.49% |
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.