C000264087 Fees and Costs — Liberty One Defensive Dividend Growth ETF
Data updated: 2026-10-14
The net expense ratio is 0.85%: a 0.65% management fee plus 0.23% other expenses, less a 0.03% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $740 in broker commissions, 0.0020% of average net assets.
C000264087 Fees and Expenses
Annual operating expenses and sales charges of C000264087. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.23% |
| Gross expense ratio | 0.88% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.85% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
C000264087 Costs Over Time
On $10,000 invested in C000264087, assuming 5% a year before costs, total costs come to $535 over 5 years, cutting the return by 0.89% 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 0.85%) | $89 | $279 | $484 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $89 | $293 | $535 |
| Value after costs | $10,411 | $11,283 | $12,228 |
| Impact on return, per year | 0.89% | 0.89% | 0.89% |
C000264087 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0020%
- Total broker commissions: $740
- Bought from dealers (principal trades, not a cost): $58.0M
- Portfolio turnover (prospectus): —
C000264087 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GTS Mischler | $740 | 100.00% |
C000264087 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley Smith Barney LLC | $45.3M | 78.11% |
| Goldman Sachs & Co. LLC | $12.7M | 21.89% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.