C000209103 Fees and Costs — Invesco Emerging Markets Revenue ETF
Data updated: 2020-03-31
The net expense ratio is 0.46%. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $10K in broker commissions, 0.0720% of average net assets, and portfolio turnover was 67%.
C000209103 Fees and Expenses
Annual operating expenses and sales charges of C000209103. Prospectus, as of October 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.46% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.46% |
| Fee waiver | — |
| Net expense ratio | 0.46% |
| 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 |
C000209103 Costs Over Time
On $10,000 invested in C000209103, assuming 5% a year before costs, total costs come to $336 over 5 years, cutting the return by 0.56% 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 0.46%) | $48 | $151 | $264 |
| Trading costs (broker commissions) | $8 | $24 | $41 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $56 | $184 | $336 |
| Value after costs | $10,444 | $11,392 | $12,427 |
| Impact on return, per year | 0.56% | 0.56% | 0.56% |
C000209103 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): 0.0720%
- Total broker commissions: $10K
- Bought from dealers (principal trades, not a cost): $4.5M
- Portfolio turnover (prospectus): 67%
- Securities on loan, average value: $36K
- Net income from securities lending: $297 (0.002% of average net assets)
C000209103 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CREDIT SUISSE SECURITIES (USA) LLC | $6K | 55.07% |
| BTIG, LLC | $1K | 13.56% |
| HSBC SECURITIES (USA) INC. | $1K | 12.14% |
| SG AMERICAS SECURITIES, LLC | $1K | 10.67% |
| DEUTSCHE BANK SECURITIES INC. | $273 | 2.65% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $257 | 2.50% |
| COWEN AND COMPANY | $219 | 2.12% |
| MORGAN STANLEY & CO. LLC | $94 | 0.91% |
| INSTINET, LLC | $27 | 0.26% |
| CREDICORP CAPITAL SECURITIES, INC. | $13 | 0.12% |
C000209103 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $2.0M | 45.37% |
| GOLDMAN, SACHS & CO. | $1.2M | 27.59% |
| CREDIT SUISSE SECURITIES (USA) LLC | $1.2M | 26.85% |
| MORGAN STANLEY & CO. LLC | $9K | 0.20% |
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.