C000176938 Fees and Costs — Aberdeen Standard Bloomberg WTI Crude Oil Strategy K-1 Free ETF
Data updated: 2020-03-13
The net expense ratio is 0.39%: a 0.39% management fee plus 0.07% other expenses, less a 0.07% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $2K in broker commissions, 0.0400% of average net assets, and portfolio turnover was 0%.
C000176938 Fees and Expenses
Annual operating expenses and sales charges of C000176938. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.07% |
| Gross expense ratio | 0.46% |
| Fee waiver | −0.07% |
| Net expense ratio | 0.39% |
| 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 | No |
C000176938 Costs Over Time
On $10,000 invested in C000176938, assuming 5% a year before costs, total costs come to $272 over 5 years, cutting the return by 0.45% 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 0.39%) | $41 | $129 | $224 |
| Trading costs (broker commissions) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $0 | $7 | $25 |
| Total costs | $45 | $149 | $272 |
| Value after costs | $10,455 | $11,428 | $12,491 |
| Impact on return, per year | 0.45% | 0.45% | 0.45% |
C000176938 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): 0.0400%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $15.4M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
C000176938 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets LLC | $2K | 100.00% |
C000176938 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Bank Of New York Mellon Corp | $8.4M | 71.05% |
| JPMorgan Chase & Co. | $2.4M | 20.09% |
| Bank Of America Corp. | $1.0M | 8.87% |
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.