LVUS Fees and Costs — Hartford Multifactor Low Volatility US Equity ETF
Data updated: 2020-08-25
The net expense ratio is 0.19%. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $531 in broker commissions, 0.0078% of average net assets, and portfolio turnover was 53%.
LVUS Fees and Expenses
Annual operating expenses and sales charges of LVUS. Prospectus, as of September 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.19% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.19% |
| Fee waiver | — |
| Net expense ratio | 0.19% |
| 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 |
LVUS Costs Over Time
On $10,000 invested in LVUS, assuming 5% a year before costs, total costs come to $126 over 5 years, cutting the return by 0.21% 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 0.19%) | $20 | $63 | $110 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $3 | $11 |
| Total costs | $21 | $69 | $126 |
| Value after costs | $10,479 | $11,508 | $12,637 |
| Impact on return, per year | 0.21% | 0.21% | 0.21% |
LVUS Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0078%
- Total broker commissions: $531
- Bought from dealers (principal trades, not a cost): $3.8M
- Portfolio turnover (prospectus): 53%
- Securities on loan, average value: $191K
- Net income from securities lending: $524 (0.008% of average net assets)
LVUS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $330 | 62.46% |
| Credit Suisse Securities (USA) LLC | $163 | 30.82% |
| Virtu Americas LLC | $8 | 1.55% |
| Sanford C. Bernstein & Co., LLC | $6 | 1.13% |
| Virtu Itg LLC | $6 | 1.06% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $5 | 0.95% |
| BTIG, LLC | $4 | 0.70% |
| UBS Securities LLC | $3 | 0.51% |
| HSBC Securities (USA) Inc. | $3 | 0.48% |
| Barclays Capital Inc. | $2 | 0.35% |
LVUS Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Credit Suisse Securities (USA) LLC | $2.4M | 63.16% |
| J.P. Morgan Securities LLC | $1.4M | 35.73% |
| Goldman Sachs & Co. LLC | $33K | 0.85% |
| Virtu Americas LLC | $4K | 0.12% |
| BTIG, LLC | $2K | 0.05% |
| Barclays Capital Inc. | $1K | 0.03% |
| RBC Capital Markets, LLC | $1K | 0.03% |
| Instinet, LLC | $629 | 0.02% |
| Sanford C. Bernstein & Co., LLC | $359 | 0.01% |
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.