C000209105 Fees and Costs — Invesco Russell 1000 Size Factor ETF
Data updated: 2020-01-29
The net expense ratio is 0.19%. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $614 in broker commissions, 0.0110% of average net assets, and portfolio turnover was 1%.
C000209105 Fees and Expenses
Annual operating expenses and sales charges of C000209105. Prospectus, as of October 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.19% |
| 12b-1 fee | — |
| 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 | Yes |
| Waived fees subject to recoupment | No |
C000209105 Costs Over Time
On $10,000 invested in C000209105, assuming 5% a year before costs, total costs come to $128 over 5 years, cutting the return by 0.21% 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) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $21 | $70 | $128 |
| Value after costs | $10,479 | $11,507 | $12,635 |
| Impact on return, per year | 0.21% | 0.21% | 0.21% |
C000209105 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0110%
- Total broker commissions: $614
- Bought from dealers (principal trades, not a cost): $3.0M
- Portfolio turnover (prospectus): 1%
- Securities on loan, average value: $657K
- Net income from securities lending: $1K (0.021% of average net assets)
C000209105 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $508 | 82.80% |
| SG AMERICAS SECURITIES, LLC | $64 | 10.39% |
| VIRTU FINANCIAL BD LLC | $17 | 2.75% |
| RBC CAPITAL MARKETS, LLC | $13 | 2.16% |
| BTIG, LLC | $7 | 1.19% |
| GOLDMAN, SACHS & CO. | $4 | 0.60% |
| MORGAN STANLEY & CO. LLC | $0 | 0.08% |
| ITG INC. | $0 | 0.03% |
C000209105 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $2.5M | 86.37% |
| BNY MELLON CAPITAL MARKETS, LLC | $396K | 13.63% |
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.