C000187081 Fees and Costs — Brand Value ETF
Data updated: 2020-08-27
The net expense ratio is 0.65%. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $2K in broker commissions, 0.0185% of average net assets, and portfolio turnover was 47%.
C000187081 Fees and Expenses
Annual operating expenses and sales charges of C000187081. Prospectus, as of January 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| 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 |
C000187081 Costs Over Time
On $10,000 invested in C000187081, assuming 5% a year before costs, total costs come to $421 over 5 years, cutting the return by 0.70% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $70 | $231 | $421 |
| Value after costs | $10,430 | $11,346 | $12,342 |
| Impact on return, per year | 0.70% | 0.70% | 0.70% |
C000187081 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): 0.0185%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 47%
- Securities lending: none during the year
C000187081 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wolverine Execution Services, LLC | $2K | 95.24% |
| J.P. Morgan Securities LLC | $47 | 2.51% |
| Deutsche Bank Securities Inc. | $15 | 0.80% |
| Esposito Securities, LLC | $9 | 0.48% |
| Virtu Americas LLC | $8 | 0.43% |
| BTIG, LLC | $8 | 0.43% |
| Jane Street Execution Services, LLC | $2 | 0.11% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.