C000230325 Fees and Costs — Janus Henderson Net Zero Transition Resources ETF
Data updated: 2023-09-22
The net expense ratio is 0.61%. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $74K in broker commissions, 0.1488% of average net assets, and portfolio turnover was 74%.
C000230325 Fees and Expenses
Annual operating expenses and sales charges of C000230325. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.61% |
| Fee waiver | — |
| Net expense ratio | 0.61% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000230325 Costs Over Time
On $10,000 invested in C000230325, assuming 5% a year before costs, total costs come to $477 over 5 years, cutting the return by 0.80% 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 0.61%) | $64 | $200 | $348 |
| Trading costs (broker commissions) | $16 | $49 | $85 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $80 | $262 | $477 |
| Value after costs | $10,420 | $11,315 | $12,286 |
| Impact on return, per year | 0.80% | 0.80% | 0.80% |
C000230325 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.1488%
- Total broker commissions: $74K
- Bought from dealers (principal trades, not a cost): $43.7M
- Portfolio turnover (prospectus): 74%
- Securities lending: none during the year
C000230325 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Credit Suisse Securities (USA) LLC | $20K | 31.27% |
| RBC Capital Markets, LLC | $14K | 21.74% |
| Morgan Stanley & Co. LLC | $7K | 10.75% |
| Jefferies LLC | $5K | 8.13% |
| Goldman Sachs & Co. LLC | $4K | 6.88% |
| BMO Nesbitt Burns Securities Ltd. | $4K | 5.45% |
| Citigroup Global Markets Inc. | $3K | 4.59% |
| UBS Securities LLC | $3K | 4.48% |
| J.P. Morgan Securities LLC | $2K | 3.49% |
| Liquidnet, Inc. | $2K | 3.22% |
C000230325 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $34.7M | 79.40% |
| BofA Securities, Inc. | $3.4M | 7.87% |
| Morgan Stanley & Co. LLC | $2.5M | 5.83% |
| Goldman Sachs & Co. LLC | $1.8M | 4.11% |
| Virtu Americas LLC | $523K | 1.20% |
| Deutsche Bank Securities Inc. | $210K | 0.48% |
| UBS Securities LLC | $181K | 0.41% |
| DNB BANK ASA | $163K | 0.37% |
| BNP Paribas Securities Corp. | $141K | 0.32% |
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.