C000164987 Fees and Costs — iShares Adaptive Currency Hedged MSCI EAFE ETF
Data updated: 2021-10-14
The net expense ratio is 0.35% (0.70% before fee waivers). There are no sales loads or redemption fees. In fiscal 2021 the fund paid $68 in broker commissions, 0.0011% of average net assets, and portfolio turnover was 5%.
C000164987 Fees and Expenses
Annual operating expenses and sales charges of C000164987. Prospectus, as of November 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.38% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.70% |
| Fee waiver | −0.35% |
| Net expense ratio | 0.35% |
| 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 |
C000164987 Costs Over Time
On $10,000 invested in C000164987, assuming 5% a year before costs, total costs come to $222 over 5 years, cutting the return by 0.37% 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 0.35%) | $37 | $115 | $202 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $6 | $20 |
| Total costs | $37 | $122 | $222 |
| Value after costs | $10,463 | $11,455 | $12,540 |
| Impact on return, per year | 0.37% | 0.37% | 0.37% |
C000164987 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0011%
- Total broker commissions: $68
- Bought from dealers (principal trades, not a cost): $740K
- Portfolio turnover (prospectus): 5%
- Securities lending: none during the year
C000164987 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $44 | 65.17% |
| Credit Suisse Securities (USA) LLC | $19 | 28.16% |
| Goldman Sachs & Co. LLC | $2 | 3.17% |
| BMO Capital Markets Corp. | $1 | 2.01% |
| J.P. Morgan Securities LLC | $1 | 1.18% |
| UBS Securities LLC | $0 | 0.19% |
| Citigroup Global Markets Inc. | $0 | 0.07% |
| Wells Fargo Securities, LLC | $0 | 0.04% |
C000164987 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $740K | 100.00% |
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.