C000204489 Fees and Costs — Franklin FTSE South Africa ETF
Data updated: 2023-11-17
The net expense ratio is 0.19%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $161 in broker commissions, 0.0040% of average net assets, and portfolio turnover was 8%.
C000204489 Fees and Expenses
Annual operating expenses and sales charges of C000204489. Prospectus, as of March 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.19% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.19% |
| Fee waiver | — |
| Net expense ratio | 0.19% |
| 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 |
C000204489 Costs Over Time
On $10,000 invested in C000204489, assuming 5% a year before costs, total costs come to $123 over 5 years, cutting the return by 0.20% 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 0.19%) | $20 | $63 | $110 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $3 | $11 |
| Total costs | $20 | $67 | $123 |
| Value after costs | $10,480 | $11,509 | $12,639 |
| Impact on return, per year | 0.20% | 0.20% | 0.20% |
C000204489 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): 0.0040%
- Total broker commissions: $161
- Bought from dealers (principal trades, not a cost): $2.1M
- Portfolio turnover (prospectus): 8%
- Securities lending: none during the year
C000204489 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $98 | 60.62% |
| J.P. Morgan Securities LLC | $28 | 17.09% |
| BofA Securities, Inc. | $13 | 8.05% |
| Morgan Stanley & Co. LLC | $13 | 8.00% |
| Goldman Sachs & Co. LLC | $5 | 3.00% |
| Credit Suisse Securities (USA) LLC | $2 | 1.23% |
| HSBC Securities (USA) Inc. | $2 | 1.06% |
| Citigroup Global Markets Inc. | $2 | 0.95% |
C000204489 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Credit Suisse Securities (USA) LLC | $1.1M | 52.48% |
| UBS Securities LLC | $976K | 47.52% |
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.