CBTG Fees and Costs — Cabot Growth ETF
Data updated: 2022-02-09
The net expense ratio is 0.75% (0.77% before fee waivers). There are no sales loads or redemption fees. In fiscal 2021 the fund paid $268K in broker commissions, 0.5193% of average net assets.
CBTG Fees and Expenses
Annual operating expenses and sales charges of CBTG. Prospectus, as of December 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.77% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.75% |
| 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 |
CBTG Costs Over Time
On $10,000 invested in CBTG, assuming 5% a year before costs, total costs come to $790 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 0.75%) | $79 | $245 | $424 |
| Trading costs (broker commissions) | $55 | $170 | $293 |
| Lost growth on money paid in costs | $0 | $21 | $73 |
| Total costs | $133 | $435 | $790 |
| Value after costs | $10,367 | $11,141 | $11,973 |
| Impact on return, per year | 1.33% | 1.33% | 1.33% |
CBTG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.5193%
- Total broker commissions: $268K
- Bought from dealers (principal trades, not a cost): $2.6M
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
CBTG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Financial Capital Markets LLC | $268K | 100.00% |
CBTG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Virtu Financial Capital Markets LLC | $2.6M | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.