C000197633 Fees and Costs — Invesco MSCI Emerging Markets Equal Country Weight ETF
Data updated: 2020-03-31
The net expense ratio is 0.70% (0.71% before fee waivers). There are no sales loads or redemption fees. In fiscal 2019 the fund paid $8K in broker commissions, 0.0625% of average net assets, and portfolio turnover was 51%.
C000197633 Fees and Expenses
Annual operating expenses and sales charges of C000197633. Prospectus, as of February 28, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.71% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.70% |
| 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 |
C000197633 Costs Over Time
On $10,000 invested in C000197633, assuming 5% a year before costs, total costs come to $479 over 5 years, cutting the return by 0.80% 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 0.70%) | $74 | $230 | $400 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $80 | $263 | $479 |
| Value after costs | $10,420 | $11,313 | $12,284 |
| Impact on return, per year | 0.80% | 0.80% | 0.80% |
C000197633 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): 0.0625%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $1.8M
- Portfolio turnover (prospectus): 51%
- Securities on loan, average value: $131K
- Net income from securities lending: $550 (0.004% of average net assets)
C000197633 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CREDIT SUISSE SECURITIES (USA) LLC | $8K | 97.50% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $76 | 0.98% |
| MORGAN STANLEY & CO. LLC | $40 | 0.51% |
| CREDICORP CAPITAL SECURITIES, INC. | $31 | 0.40% |
| INSTINET, LLC | $31 | 0.40% |
| HSBC SECURITIES (USA) INC. | $10 | 0.12% |
| CITIGROUP GLOBAL MARKETS INC. | $3 | 0.04% |
| VIRTU FINANCIAL BD LLC | $3 | 0.03% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $1 | 0.01% |
C000197633 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $1.8M | 99.40% |
| MORGAN STANLEY & CO. LLC | $11K | 0.60% |
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.