CHIU Fees and Costs — Global X MSCI China Utilities 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 $1K in broker commissions, 0.0465% of average net assets, and portfolio turnover was 39%.
CHIU Fees and Expenses
Annual operating expenses and sales charges of CHIU. 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 |
CHIU Costs Over Time
On $10,000 invested in CHIU, assuming 5% a year before costs, total costs come to $445 over 5 years, cutting the return by 0.74% 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) | $5 | $15 | $27 |
| Lost growth on money paid in costs | $0 | $11 | $41 |
| Total costs | $74 | $244 | $445 |
| Value after costs | $10,426 | $11,333 | $12,318 |
| Impact on return, per year | 0.74% | 0.74% | 0.74% |
CHIU 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): 0.0465%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $180K
- Portfolio turnover (prospectus): 39%
- Securities lending: none during the year
CHIU Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN, SACHS & CO. | $348 | 31.76% |
| BAIRD, PATRICK & COMPANY INC. | $322 | 29.40% |
| CITIGROUP GLOBAL MARKETS | $271 | 24.76% |
| J.P. MORGAN SECURITIES | $111 | 10.10% |
| BANK OF AMERICA | $44 | 3.99% |
CHIU Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN, SACHS & CO. | $180K | 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.