C000261175 Fees and Costs — Polen Focus Growth ETF
Data updated: 2026-09-22
The net expense ratio is 0.49% (0.69% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $4K in broker commissions, 0.0043% of average net assets, and portfolio turnover was 1700%.
C000261175 Fees and Expenses
Annual operating expenses and sales charges of C000261175. Prospectus, as of August 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.69% |
| Fee waiver | −0.20% |
| Net expense ratio | 0.49% |
| 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 | No |
C000261175 Costs Over Time
On $10,000 invested in C000261175, assuming 5% a year before costs, total costs come to $312 over 5 years, cutting the return by 0.52% 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 0.49%) | $51 | $161 | $281 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $52 | $171 | $312 |
| Value after costs | $10,448 | $11,405 | $12,450 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
C000261175 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0043%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 1700%
- Securities lending: none during the year
C000261175 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $2K | 37.41% |
| JP MORGAN SECURITIES LLC | $948 | 21.29% |
| PIPER SANDLER & CO. | $580 | 13.02% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $478 | 10.73% |
| JONESTRADING INSTITUTIONAL SERVICES LLC | $350 | 7.86% |
| REDBURN (USA) LLC | $188 | 4.22% |
| BTIG, LLC | $152 | 3.41% |
| JEFFERIES LLC | $68 | 1.53% |
| LUMINEX TRADING & ANALYTICS LLC | $20 | 0.45% |
| Robert W. Baird & Co. Incorporated | $3 | 0.07% |
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.