GOOP Fees and Costs — Kurv Yield Premium Strategy Google (GOOGL) ETF
Data updated: 2024-10-23
The net expense ratio is 1.00% (1.16% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $2K in broker commissions, 0.2629% of average net assets, and portfolio turnover was 0%.
GOOP Fees and Expenses
Annual operating expenses and sales charges of GOOP. Prospectus, as of September 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 1.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 1.16% |
| Fee waiver | −0.16% |
| Net expense ratio | 1.00% |
| 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 |
GOOP Costs Over Time
On $10,000 invested in GOOP, assuming 5% a year before costs, total costs come to $786 over 5 years, cutting the return by 1.33% 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 1.00%) | $105 | $327 | $565 |
| Trading costs (broker commissions) | $28 | $86 | $149 |
| Lost growth on money paid in costs | $0 | $20 | $72 |
| Total costs | $133 | $433 | $786 |
| Value after costs | $10,367 | $11,143 | $11,977 |
| Impact on return, per year | 1.33% | 1.33% | 1.33% |
GOOP Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.2629%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $4.2M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
GOOP Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| WOLVERINE EXECUTION SERVICES LLC | $1K | 68.18% |
| NORTHERN TRUST SECURITIES INC. | $537 | 31.82% |
GOOP Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| NORTHERN TRUST SECURITIES INC. | $4.2M | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.