C000241375 Fees and Costs — Global X Carbon Credits Strategy ETF
Data updated: 2024-02-13
The net expense ratio is 0.39%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $1K in broker commissions, 0.0753% of average net assets.
C000241375 Fees and Expenses
Annual operating expenses and sales charges of C000241375. Prospectus, as of March 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.39% |
| Fee waiver | — |
| Net expense ratio | 0.39% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000241375 Costs Over Time
On $10,000 invested in C000241375, assuming 5% a year before costs, total costs come to $294 over 5 years, cutting the return by 0.49% 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 0.39%) | $41 | $128 | $224 |
| Trading costs (broker commissions) | $8 | $25 | $43 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $49 | $161 | $294 |
| Value after costs | $10,451 | $11,415 | $12,469 |
| Impact on return, per year | 0.49% | 0.49% | 0.49% |
C000241375 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0753%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $4.2M
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
C000241375 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP | $445 | 31.74% |
| GOLDMAN SACHS & CO | $260 | 18.53% |
| SG COWEN | $257 | 18.33% |
| SOCIETE GENERALE COWEN SECURITIES CORP. | $255 | 18.22% |
| BMO CAPITAL | $119 | 8.53% |
| WELLS FARGO | $49 | 3.51% |
| MIDWEST RESEARCH SECURITIES | $16 | 1.14% |
C000241375 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO | $2.5M | 59.77% |
| CITIGROUP | $587K | 13.98% |
| WELLS FARGO | $419K | 9.98% |
| TD SECURITIES (USA) INC. | $308K | 7.34% |
| BMO CAPITAL | $228K | 5.42% |
| MORGAN STANLEY & CO, INC | $98K | 2.34% |
| BARCLAYS CAPITAL INC. | $49K | 1.18% |
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.