C000257091 Fees and Costs — Sprott Active Gold & Silver Miners ETF
Data updated: 2026-08-20
The net expense ratio is 0.90%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $18K in broker commissions, 0.0250% of average net assets, and portfolio turnover was 20%.
C000257091 Fees and Expenses
Annual operating expenses and sales charges of C000257091. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.89% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.90% |
| Fee waiver | — |
| Net expense ratio | 0.90% |
| 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 |
C000257091 Costs Over Time
On $10,000 invested in C000257091, assuming 5% a year before costs, total costs come to $579 over 5 years, cutting the return by 0.97% 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 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $97 | $318 | $579 |
| Value after costs | $10,403 | $11,258 | $12,183 |
| Impact on return, per year | 0.97% | 0.97% | 0.97% |
C000257091 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0250%
- Total broker commissions: $18K
- Bought from dealers (principal trades, not a cost): $160.4M
- Portfolio turnover (prospectus): 20%
- Securities on loan, average value: $189.3M
- Net income from securities lending: $7K (0.010% of average net assets)
C000257091 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $7K | 38.19% |
| MERRILL LYNCH PROFESSIONAL CLEARING CORP. | $4K | 20.47% |
| MISCHLER FINANCIAL GROUP, INC. | $3K | 19.30% |
| MIZUHO SECURITIES USA LLC | $3K | 16.89% |
| MIRAE ASSET SECURITIES (USA) INC. | $475 | 2.69% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $390 | 2.21% |
| COWEN PRIME SERVICES LLC | $43 | 0.24% |
C000257091 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN DISTRIBUTION SERVICES, INC. | $39.7M | 36.12% |
| GOLDMAN SACHS & CO. LLC | $23.7M | 21.56% |
| JANE STREET CAPITAL, LLC | $21.2M | 19.26% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $11.9M | 10.83% |
| BOFA SECURITIES, INC. | $10.7M | 9.69% |
| MERRILL LYNCH PROFESSIONAL CLEARING CORP. | $2.8M | 2.53% |
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.