C000205322 Fees and Costs — Goldman Sachs Finance Reimagined ETF
Data updated: 2020-11-13
The net expense ratio is 0.50%. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $681 in broker commissions, 0.0040% of average net assets, and portfolio turnover was 18%.
C000205322 Fees and Expenses
Annual operating expenses and sales charges of C000205322. Prospectus, as of December 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000205322 Costs Over Time
On $10,000 invested in C000205322, assuming 5% a year before costs, total costs come to $318 over 5 years, cutting the return by 0.53% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $53 | $174 | $318 |
| Value after costs | $10,447 | $11,402 | $12,444 |
| Impact on return, per year | 0.53% | 0.53% | 0.53% |
C000205322 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0040%
- Total broker commissions: $681
- Bought from dealers (principal trades, not a cost): $7K
- Portfolio turnover (prospectus): 18%
- Securities on loan, average value: $350K
- Net income from securities lending: $20K (0.117% of average net assets)
C000205322 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $433 | 63.52% |
| J.P. MORGAN SECURITIES LLC | $59 | 8.70% |
| MORGAN STANLEY & CO. LLC | $51 | 7.54% |
| CITIGROUP GLOBAL MARKETS INC. | $46 | 6.70% |
| MERRILL LYNCH INTERNATIONAL | $30 | 4.33% |
| EXANE, INC. | $24 | 3.59% |
| CITIGROUP GLOBAL MARKETS LIMITED | $18 | 2.72% |
| MORGAN STANLEY & CO. INTERNATIONAL PLC | $14 | 2.05% |
| UBS Securities LLC | $6 | 0.84% |
| BOFA SECURITIES, INC. | $0 | 0.01% |
C000205322 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH INTERNATIONAL | $3K | 46.78% |
| J.P. Morgan Securities LLC | $2K | 31.77% |
| MORGAN STANLEY & CO. INTERNATIONAL PLC | $1K | 19.74% |
| MORGAN STANLEY & CO. LLC | $94 | 1.36% |
| EXANE, INC. | $24 | 0.35% |
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.