C000207719 Fees and Costs — Ecofin Digital Payments Infrastructure Fund, Institutional Class
Data updated: 2022-10-25
The net expense ratio is 0.40%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $1K in broker commissions, 0.0096% of average net assets, and portfolio turnover was 17%.
C000207719 Fees and Expenses
Annual operating expenses and sales charges of C000207719. Prospectus, as of March 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.40% |
| Fee waiver | — |
| Net expense ratio | 0.40% |
| 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 |
C000207719 Costs Over Time
On $10,000 invested in C000207719, assuming 5% a year before costs, total costs come to $259 over 5 years, cutting the return by 0.43% 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 0.40%) | $42 | $132 | $230 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $43 | $142 | $259 |
| Value after costs | $10,457 | $11,435 | $12,504 |
| Impact on return, per year | 0.43% | 0.43% | 0.43% |
C000207719 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0096%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $4K
- Portfolio turnover (prospectus): 17%
- Securities lending: none during the year
C000207719 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JANE STREET EXECUTION SERVICES, LLC | $434 | 35.69% |
| BTIG, LLC | $425 | 34.95% |
| VIRTU AMERICAS LLC | $191 | 15.71% |
| MERRILL LYNCH PROFESSIONAL CLEARING CORP. | $166 | 13.65% |
C000207719 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $4K | 100.00% |
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.