C000218049 Fees and Costs — Natixis U.S. Equity Opportunities ETF
Data updated: 2023-08-29
The net expense ratio is 0.85%: a 0.70% management fee plus 1.84% other expenses, less a 1.69% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $2K in broker commissions, 0.0253% of average net assets, and portfolio turnover was 53%.
C000218049 Fees and Expenses
Annual operating expenses and sales charges of C000218049. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.84% |
| Gross expense ratio | 2.54% |
| Fee waiver | −1.69% |
| Net expense ratio | 0.85% |
| 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 |
C000218049 Costs Over Time
On $10,000 invested in C000218049, assuming 5% a year before costs, total costs come to $549 over 5 years, cutting the return by 0.92% 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 0.85%) | $89 | $279 | $484 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $92 | $301 | $549 |
| Value after costs | $10,408 | $11,275 | $12,214 |
| Impact on return, per year | 0.92% | 0.92% | 0.92% |
C000218049 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0253%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $71.0M
- Portfolio turnover (prospectus): 53%
- Securities lending: none during the year
C000218049 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $438 | 22.45% |
| UBS Securities LLC | $222 | 11.37% |
| Citigroup Global Markets Inc. | $212 | 10.85% |
| Jefferies LLC | $196 | 10.05% |
| Credit Suisse Securities (USA) LLC | $191 | 9.77% |
| BofA Securities, Inc. | $187 | 9.58% |
| Morgan Stanley & Co. LLC | $158 | 8.08% |
| Sanford C. Bernstein & Co., LLC | $137 | 7.02% |
| Barclays Capital Inc. | $127 | 6.49% |
| Goldman Sachs & Co. LLC | $85 | 4.34% |
C000218049 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $66.7M | 93.82% |
| National Securities Clearing Corporation | $4.4M | 6.17% |
| Goldman Sachs & Co. LLC | $5K | 0.01% |
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.