C000169985 Fees and Costs — The Obesity ETF
Data updated: 2020-03-25
The net expense ratio is 0.35%. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $2K in broker commissions, 0.0181% of average net assets, and portfolio turnover was 22%.
C000169985 Fees and Expenses
Annual operating expenses and sales charges of C000169985. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.35% |
| Fee waiver | — |
| Net expense ratio | 0.35% |
| 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 |
C000169985 Costs Over Time
On $10,000 invested in C000169985, assuming 5% a year before costs, total costs come to $233 over 5 years, cutting the return by 0.39% 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) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $39 | $127 | $233 |
| Value after costs | $10,461 | $11,449 | $12,530 |
| Impact on return, per year | 0.39% | 0.39% | 0.39% |
C000169985 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0181%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $256K
- Portfolio turnover (prospectus): 22%
- Securities on loan, average value: $163K
- Net income from securities lending: $2K (0.016% of average net assets)
C000169985 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $1K | 64.52% |
| RBC Capital Markets, LLC | $666 | 32.11% |
| Esposito Securities, LLC | $51 | 2.46% |
| Liquidnet, Inc. | $17 | 0.83% |
| J.P. Morgan Securities LLC | $2 | 0.08% |
C000169985 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $256K | 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.