C000165607 Fees and Costs — First Trust RiverFront Dynamic Asia Pacific ETF
Data updated: 2021-09-24
The net expense ratio is 0.83%. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $18K in broker commissions, 0.1202% of average net assets, and portfolio turnover was 117%.
C000165607 Fees and Expenses
Annual operating expenses and sales charges of C000165607. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.83% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.83% |
| Fee waiver | — |
| Net expense ratio | 0.83% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000165607 Costs Over Time
On $10,000 invested in C000165607, assuming 5% a year before costs, total costs come to $595 over 5 years, cutting the return by 1.00% 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 0.83%) | $87 | $272 | $472 |
| Trading costs (broker commissions) | $13 | $39 | $68 |
| Lost growth on money paid in costs | $0 | $15 | $55 |
| Total costs | $100 | $327 | $595 |
| Value after costs | $10,400 | $11,249 | $12,168 |
| Impact on return, per year | 1.00% | 1.00% | 1.00% |
C000165607 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.1202%
- Total broker commissions: $18K
- Bought from dealers (principal trades, not a cost): $13.8M
- Portfolio turnover (prospectus): 117%
- Securities lending: none during the year
C000165607 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS AND CO. LLC | $10K | 55.14% |
| CREDIT SUISSE SECURITIES (USA) | $5K | 26.36% |
| BANK OF AMERICA CORPORATION | $3K | 16.75% |
| J.P. MORGAN SECURITIES LLC | $306 | 1.71% |
| Cantor Fitzgerald & Co. | $6 | 0.03% |
C000165607 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $7.2M | 51.95% |
| ABN AMRO Clearing Chicago, LLC | $2.4M | 17.64% |
| CREDIT SUISSE SECURITIES (USA) | $2.2M | 15.92% |
| J.P. MORGAN SECURITIES LLC | $2.0M | 14.49% |
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.