C000194947 Fees and Costs — Franklin FTSE Italy ETF
Data updated: 2023-11-17
The net expense ratio is 0.09%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $18 in broker commissions, 0.0005% of average net assets, and portfolio turnover was 18%.
C000194947 Fees and Expenses
Annual operating expenses and sales charges of C000194947. Prospectus, as of March 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.09% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.09% |
| Fee waiver | — |
| Net expense ratio | 0.09% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000194947 Costs Over Time
On $10,000 invested in C000194947, assuming 5% a year before costs, total costs come to $58 over 5 years, cutting the return by 0.10% 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 0.09%) | $9 | $30 | $52 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $1 | $5 |
| Total costs | $10 | $31 | $58 |
| Value after costs | $10,490 | $11,545 | $12,705 |
| Impact on return, per year | 0.10% | 0.10% | 0.10% |
C000194947 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0005%
- Total broker commissions: $18
- Bought from dealers (principal trades, not a cost): $2.2M
- Portfolio turnover (prospectus): 18%
- Securities lending: none during the year
C000194947 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $12 | 68.08% |
| UBS Securities LLC | $4 | 21.63% |
| J.P. Morgan Securities LLC | $1 | 7.15% |
| Morgan Stanley & Co. LLC | $1 | 3.14% |
C000194947 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.4M | 65.74% |
| UBS Securities LLC | $743K | 34.26% |
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.