C000196706 Fees and Costs — Natixis Loomis Sayles Short Duration Income ETF
Data updated: 2024-11-26
The net expense ratio is 0.35%: a 0.30% management fee plus 0.76% other expenses, less a 0.71% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $1K in broker commissions, 0.0044% of average net assets, and portfolio turnover was 209%.
C000196706 Fees and Expenses
Annual operating expenses and sales charges of C000196706. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.76% |
| Gross expense ratio | 1.06% |
| Fee waiver | −0.71% |
| Net expense ratio | 0.35% |
| 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 |
C000196706 Costs Over Time
On $10,000 invested in C000196706, assuming 5% a year before costs, total costs come to $225 over 5 years, cutting the return by 0.37% 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 0.35%) | $37 | $115 | $202 |
| Trading costs (broker commissions) | $0 | $1 | $3 |
| Lost growth on money paid in costs | $0 | $6 | $20 |
| Total costs | $37 | $123 | $225 |
| Value after costs | $10,463 | $11,454 | $12,538 |
| Impact on return, per year | 0.37% | 0.37% | 0.37% |
C000196706 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0044%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $272.5M
- Portfolio turnover (prospectus): 209%
- Securities lending: none during the year
C000196706 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1K | 100.00% |
C000196706 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $139.7M | 61.32% |
| BNP Paribas Securities Corp. | $15.5M | 6.80% |
| J.P. Morgan Securities LLC | $12.2M | 5.36% |
| Goldman Sachs & Co. LLC | $11.1M | 4.90% |
| BofA Securities, Inc. | $10.3M | 4.53% |
| Morgan Stanley & Co. LLC | $9.9M | 4.34% |
| BMO Capital Markets Corp. | $7.4M | 3.26% |
| Barclays Capital Inc. | $7.3M | 3.19% |
| Citigroup Global Markets Inc. | $7.2M | 3.18% |
| Nomura Securities International, Inc. | $7.2M | 3.14% |
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.