C000169757 Fees and Costs — Natixis Seeyond International Minimum Volatility ETF
Data updated: 2020-11-25
The net expense ratio is 0.56%: a 0.50% management fee plus 0.76% other expenses, less a 0.70% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $9K in broker commissions, 0.0360% of average net assets, and portfolio turnover was 61%.
C000169757 Fees and Expenses
Annual operating expenses and sales charges of C000169757. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.76% |
| Gross expense ratio | 1.26% |
| Fee waiver | −0.70% |
| Net expense ratio | 0.56% |
| 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 | Yes |
C000169757 Costs Over Time
On $10,000 invested in C000169757, assuming 5% a year before costs, total costs come to $376 over 5 years, cutting the return by 0.63% 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 0.56%) | $59 | $184 | $321 |
| Trading costs (broker commissions) | $4 | $12 | $21 |
| Lost growth on money paid in costs | $0 | $10 | $34 |
| Total costs | $63 | $206 | $376 |
| Value after costs | $10,437 | $11,370 | $12,387 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
C000169757 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0360%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $73.7M
- Portfolio turnover (prospectus): 61%
- Securities lending: none during the year
C000169757 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $8K | 99.21% |
| Skandinaviska Enskilda Banken AB | $67 | 0.79% |
C000169757 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $62.9M | 85.40% |
| Credit Suisse Securities (USA) LLC | $10.8M | 14.60% |
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.