C000189866 Fees and Costs — Virtus Glovista Emerging Markets ETF
Data updated: 2020-01-14
The net expense ratio is 0.67% (0.70% before fee waivers). There are no sales loads or redemption fees. In fiscal 2019 the fund paid $21K in broker commissions, 0.2094% of average net assets, and portfolio turnover was 162%.
C000189866 Fees and Expenses
Annual operating expenses and sales charges of C000189866. Prospectus, as of February 28, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.68% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.70% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.67% |
| 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 |
C000189866 Costs Over Time
On $10,000 invested in C000189866, assuming 5% a year before costs, total costs come to $551 over 5 years, cutting the return by 0.92% 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 0.67%) | $70 | $220 | $382 |
| Trading costs (broker commissions) | $22 | $69 | $119 |
| Lost growth on money paid in costs | $0 | $14 | $51 |
| Total costs | $92 | $303 | $551 |
| Value after costs | $10,408 | $11,274 | $12,211 |
| Impact on return, per year | 0.92% | 0.92% | 0.92% |
C000189866 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): 0.2094%
- Total broker commissions: $21K
- Bought from dealers (principal trades, not a cost): $4.9M
- Portfolio turnover (prospectus): 162%
- Securities lending: none during the year
C000189866 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $13K | 61.77% |
| BNY MELLON CAPITAL MARKETS, LLC | $5K | 23.11% |
| J.P. Morgan Securities LLC | $2K | 10.07% |
| WallachBeth Capital LLC | $901 | 4.22% |
| INSTINET, LLC | $177 | 0.83% |
C000189866 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CREDIT SUISSE SECURITIES (USA) LLC | $4.9M | 99.35% |
| PT Bank Danamon Indonesia Tbk. | $22K | 0.45% |
| DELTA ELECTRONICS (THAILAND) PUBLIC COMPANY LIMITED | $9K | 0.19% |
| WallachBeth Capital LLC | $151 | 0.00% |
| BOFA SECURITIES, INC. | $7 | 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.