C000169984 Fees and Costs — The Long-Term Care ETF
Data updated: 2021-09-27
The net expense ratio is 0.30%. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $3K in broker commissions, 0.0122% of average net assets, and portfolio turnover was 18%.
C000169984 Fees and Expenses
Annual operating expenses and sales charges of C000169984. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.30% |
| Fee waiver | — |
| Net expense ratio | 0.30% |
| Sales charges | |
|---|---|
| Max front load | — |
| 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 |
C000169984 Costs Over Time
On $10,000 invested in C000169984, assuming 5% a year before costs, total costs come to $198 over 5 years, cutting the return by 0.33% 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 0.30%) | $32 | $99 | $173 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $5 | $18 |
| Total costs | $33 | $108 | $198 |
| Value after costs | $10,467 | $11,468 | $12,565 |
| Impact on return, per year | 0.33% | 0.33% | 0.33% |
C000169984 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): 0.0122%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $4.0M
- Portfolio turnover (prospectus): 18%
- Securities on loan, average value: $39K
- Net income from securities lending: $639 (0.002% of average net assets)
C000169984 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Itg LLC | $1K | 38.34% |
| RBC Capital Markets, LLC | $1K | 34.75% |
| BofA Securities, Inc. | $338 | 10.39% |
| Credit Suisse Securities (USA) LLC | $326 | 10.02% |
| Susquehanna Financial Group, LLLP | $209 | 6.42% |
| UBS Securities LLC | $2 | 0.07% |
C000169984 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $4.0M | 100.00% |
| Credit Suisse Securities (USA) LLC | $2 | 0.00% |
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.