C000194429 Fees and Costs — WisdomTree CBOE Russell 2000 PutWrite Strategy Fund
Data updated: 2020-01-28
The net expense ratio is 0.43% (0.49% before fee waivers). There are no sales loads or redemption fees. In fiscal 2019 the fund paid $378 in broker commissions, 0.0195% of average net assets.
C000194429 Fees and Expenses
Annual operating expenses and sales charges of C000194429. Prospectus, as of December 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.49% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.43% |
| 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 |
C000194429 Costs Over Time
On $10,000 invested in C000194429, assuming 5% a year before costs, total costs come to $284 over 5 years, cutting the return by 0.47% 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 0.43%) | $45 | $142 | $247 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $47 | $155 | $284 |
| Value after costs | $10,453 | $11,421 | $12,479 |
| Impact on return, per year | 0.47% | 0.47% | 0.47% |
C000194429 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0195%
- Total broker commissions: $378
- Bought from dealers (principal trades, not a cost): $23.5M
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
C000194429 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $378 | 100.00% |
C000194429 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Nomura Securities International, Inc. | $5.2M | 22.30% |
| Mizuho Securities USA LLC | $4.0M | 16.98% |
| Citigroup Global Markets Inc. | $3.9M | 16.75% |
| Natwest Markets Securities Inc. | $3.7M | 15.71% |
| Wells Fargo Securities, LLC | $3.6M | 15.27% |
| Morgan Stanley & Co. LLC | $1.1M | 4.68% |
| Goldman Sachs & Co. LLC | $847K | 3.60% |
| BNP Paribas Securities Corp. | $507K | 2.16% |
| BMO Capital Markets Corp. | $398K | 1.69% |
| RBC Capital Markets, LLC | $199K | 0.85% |
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.