CGW Fees and Costs — Invesco S&P Global Water Index ETF
Data updated: 2026-09-28
The net expense ratio is 0.58%: a 0.50% management fee plus 0.08% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $103K in broker commissions, 0.0108% of average net assets, and portfolio turnover was 19%.
CGW Fees and Expenses
Annual operating expenses and sales charges of CGW. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | — |
| Other expenses | 0.08% |
| Gross expense ratio | 0.58% |
| Fee waiver | — |
| Net expense ratio | 0.58% |
| 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 |
CGW Costs Over Time
On $10,000 invested in CGW, assuming 5% a year before costs, total costs come to $373 over 5 years, cutting the return by 0.62% 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 0.58%) | $61 | $191 | $332 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $10 | $34 |
| Total costs | $62 | $204 | $373 |
| Value after costs | $10,438 | $11,372 | $12,390 |
| Impact on return, per year | 0.62% | 0.62% | 0.62% |
CGW Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0108%
- Total broker commissions: $103K
- Bought from dealers (principal trades, not a cost): $136.6M
- Portfolio turnover (prospectus): 19%
- Securities on loan, average value: $50.5M
- Net income from securities lending: $139K (0.015% of average net assets)
CGW Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $31K | 30.12% |
| CITIGROUP GLOBAL MARKETS INC. | $23K | 22.40% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $18K | 17.22% |
| INVESCO CAPITAL MARKETS, INC. | $15K | 14.74% |
| MACQUARIE CAPITAL (USA) INC. | $5K | 4.95% |
| MORGAN STANLEY & CO. LLC | $5K | 4.67% |
| BARCLAYS CAPITAL INC. | $4K | 3.65% |
| GOLDMAN, SACHS & CO. | $1K | 1.11% |
| UBS SECURITIES LLC | $604 | 0.59% |
| MACQUARIE CAPITAL SECURITIES (INDIA) PRIVATE LIMITED | $561 | 0.55% |
CGW Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $66.1M | 48.38% |
| BNY MELLON CAPITAL MARKETS, LLC | $56.0M | 40.96% |
| VIRTU AMERICAS LLC | $9.1M | 6.63% |
| MACQUARIE CAPITAL (USA) INC. | $5.5M | 4.03% |
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.