CHIR Fees and Costs — Global X MSCI China Real Estate ETF
Data updated: 2024-04-01
The net expense ratio is 0.66%: a 0.65% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $7K in broker commissions, 0.1027% of average net assets, and portfolio turnover was 46%.
CHIR Fees and Expenses
Annual operating expenses and sales charges of CHIR. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.66% |
| Fee waiver | — |
| Net expense ratio | 0.66% |
| 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 |
CHIR Costs Over Time
On $10,000 invested in CHIR, assuming 5% a year before costs, total costs come to $479 over 5 years, cutting the return by 0.80% 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 0.66%) | $69 | $217 | $377 |
| Trading costs (broker commissions) | $11 | $34 | $59 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $80 | $263 | $479 |
| Value after costs | $10,420 | $11,313 | $12,283 |
| Impact on return, per year | 0.80% | 0.80% | 0.80% |
CHIR Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.1027%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $967K
- Portfolio turnover (prospectus): 46%
- Securities lending: none during the year
CHIR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS | $4K | 63.03% |
| GOLDMAN, SACHS & CO. | $1K | 16.25% |
| MACQUARIE CAPITAL | $740 | 11.08% |
| J.P. MORGAN SECURITIES | $553 | 8.27% |
| BANK OF AMERICA | $46 | 0.69% |
| MIZUHO SECURITIES USA INC | $44 | 0.66% |
CHIR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| TD SECURITIES (USA) INC. | $567K | 58.65% |
| GOLDMAN, SACHS & CO. | $400K | 41.35% |
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.