C000214945 Fees and Costs — Leuthold Core ETF
Data updated: 2025-02-18
The net expense ratio is 0.86%: a 0.50% management fee plus 0.44% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $27K in broker commissions, 0.0334% of average net assets, and portfolio turnover was 50%.
C000214945 Fees and Expenses
Annual operating expenses and sales charges of C000214945. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.44% |
| Gross expense ratio | 0.94% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.86% |
| 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 | Yes |
C000214945 Costs Over Time
On $10,000 invested in C000214945, assuming 5% a year before costs, total costs come to $560 over 5 years, cutting the return by 0.94% 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 0.86%) | $90 | $282 | $490 |
| Trading costs (broker commissions) | $4 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $14 | $51 |
| Total costs | $94 | $308 | $560 |
| Value after costs | $10,406 | $11,269 | $12,203 |
| Impact on return, per year | 0.94% | 0.94% | 0.94% |
C000214945 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0334%
- Total broker commissions: $27K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 50%
- Securities lending: none during the year
C000214945 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| FIDELITY BROKERAGE SERVICES LLC | $18K | 67.78% |
| MISCHLER FINANCIAL GROUP INC. | $8K | 29.59% |
| COWEN EXECUTION SERVICES LLC | $707 | 2.63% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.