C000164922 Fees and Costs — John Hancock Multifactor Energy ETF
Data updated: 2022-09-28
The net expense ratio is 0.40%: a 0.38% management fee plus 0.55% other expenses, less a 0.53% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $1K in broker commissions, 0.0050% of average net assets, and portfolio turnover was 18%.
C000164922 Fees and Expenses
Annual operating expenses and sales charges of C000164922. Prospectus, as of August 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.38% |
| 12b-1 fee | — |
| Other expenses | 0.55% |
| Gross expense ratio | 0.93% |
| Fee waiver | −0.53% |
| 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 |
C000164922 Costs Over Time
On $10,000 invested in C000164922, assuming 5% a year before costs, total costs come to $256 over 5 years, cutting the return by 0.43% 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) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $43 | $140 | $256 |
| Value after costs | $10,457 | $11,436 | $12,506 |
| Impact on return, per year | 0.43% | 0.43% | 0.43% |
C000164922 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): 0.0050%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $36.6M
- Portfolio turnover (prospectus): 18%
- Securities on loan, average value: $22K
- Net income from securities lending: $55 (0.000% of average net assets)
C000164922 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $913 | 78.10% |
| Royal Bank of Canada | $132 | 11.31% |
| Virtu Americas LLC | $53 | 4.56% |
| Instinet, LLC | $47 | 4.05% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $23 | 1.98% |
C000164922 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $33.9M | 92.54% |
| State Street Global Markets, LLC | $2.7M | 7.46% |
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.