C000171198 Fees and Costs — iShares Edge MSCI Multifactor Intl Index Fund, Class K
Data updated: 2020-12-28
The net expense ratio is 0.30%: a 0.30% management fee plus 1.90% other expenses, less a 1.90% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $2K in broker commissions, 0.0181% of average net assets, and portfolio turnover was 42%.
C000171198 Fees and Expenses
Annual operating expenses and sales charges of C000171198. Prospectus, as of November 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.90% |
| Gross expense ratio | 2.20% |
| Fee waiver | −1.90% |
| Net expense ratio | 0.30% |
| 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 |
C000171198 Costs Over Time
On $10,000 invested in C000171198, assuming 5% a year before costs, total costs come to $202 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) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $5 | $18 |
| Total costs | $33 | $110 | $202 |
| Value after costs | $10,467 | $11,466 | $12,561 |
| Impact on return, per year | 0.33% | 0.33% | 0.33% |
C000171198 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0181%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $1.7M
- Portfolio turnover (prospectus): 42%
- Securities on loan, average value: $24K
- Net income from securities lending: $154 (0.001% of average net assets)
C000171198 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Bofa Securities, Inc. | $470 | 30.02% |
| J.P. Morgan Securities LLC | $234 | 14.96% |
| Instinet, LLC | $154 | 9.87% |
| RBC Capital Markets, LLC | $127 | 8.12% |
| UBS Securities LLC | $121 | 7.73% |
| HSBC Securities (USA) Inc. | $120 | 7.64% |
| Macquarie Capital (USA) Inc. | $99 | 6.33% |
| Barclays Capital Inc. | $92 | 5.91% |
| Credit Suisse Securities (USA) LLC | $85 | 5.42% |
| TD Securities (USA) LLC | $63 | 4.01% |
C000171198 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $1.7M | 100.00% |
| Morgan Stanley & Co. LLC | $20 | 0.00% |
| J.P. Morgan Securities LLC | $10 | 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.