CHRG Fees and Costs — The Energy & Minerals Group EV, Solar & Battery Materials (Lithium, Copper, Cobalt) Futures Strategy ETF
Data updated: 2024-01-26
The net expense ratio is 0.95%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $358 in broker commissions, 0.0117% of average net assets.
CHRG Fees and Expenses
Annual operating expenses and sales charges of CHRG. Prospectus, as of January 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.95% |
| Fee waiver | — |
| Net expense ratio | 0.95% |
| 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 |
CHRG Costs Over Time
On $10,000 invested in CHRG, assuming 5% a year before costs, total costs come to $602 over 5 years, cutting the return by 1.01% 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 0.95%) | $100 | $311 | $540 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $331 | $602 |
| Value after costs | $10,399 | $11,245 | $12,161 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
CHRG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0117%
- Total broker commissions: $358
- Bought from dealers (principal trades, not a cost): $3.9M
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
CHRG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MAREX CAPITAL MARKETS INC. | $358 | 100.00% |
CHRG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $2.0M | 50.49% |
| GOLDMAN SACHS & CO. LLC | $1.9M | 49.51% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.