C000220374 Fees and Costs — Natixis Vaughan Nelson Mid Cap ETF
Data updated: 2024-08-28
The net expense ratio is 0.85%: a 0.75% management fee plus 2.55% other expenses, less a 2.45% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $3K in broker commissions, 0.0532% of average net assets, and portfolio turnover was 82%.
C000220374 Fees and Expenses
Annual operating expenses and sales charges of C000220374. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 2.55% |
| Gross expense ratio | 3.30% |
| Fee waiver | −2.45% |
| 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 |
C000220374 Costs Over Time
On $10,000 invested in C000220374, assuming 5% a year before costs, total costs come to $566 over 5 years, cutting the return by 0.95% 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) | $6 | $17 | $30 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $95 | $311 | $566 |
| Value after costs | $10,405 | $11,265 | $12,197 |
| Impact on return, per year | 0.95% | 0.95% | 0.95% |
C000220374 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0532%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $94.8M
- Portfolio turnover (prospectus): 82%
- Securities lending: none during the year
C000220374 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Nomura Securities International, Inc. | $1K | 44.05% |
| Liquidnet, Inc. | $837 | 26.40% |
| Oppenheimer & Co. Inc. | $290 | 9.13% |
| UBS Securities LLC | $183 | 5.78% |
| J.P. Morgan Securities LLC | $149 | 4.69% |
| Virtu Americas LLC | $102 | 3.20% |
| Keefe, Bruyette & Woods, Inc. | $67 | 2.11% |
| Jefferies LLC | $58 | 1.83% |
| Cantor Fitzgerald & Co. | $49 | 1.56% |
| JonesTrading Institutional Services LLC | $39 | 1.24% |
C000220374 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $90.1M | 95.04% |
| National Securities Clearing Corporation | $4.7M | 4.94% |
| Nomura Securities International, Inc. | $15K | 0.02% |
| Raymond James & Associates, Inc. | $309 | 0.00% |
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.