CLIA Fees and Costs — Veridien Climate Action ETF
Data updated: 2024-09-30
The net expense ratio is 0.85%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $11K in broker commissions, 0.0691% of average net assets.
CLIA Fees and Expenses
Annual operating expenses and sales charges of CLIA. Prospectus, as of March 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.85% |
| Fee waiver | — |
| Net expense ratio | 0.85% |
| 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 |
CLIA Costs Over Time
On $10,000 invested in CLIA, assuming 5% a year before costs, total costs come to $576 over 5 years, cutting the return by 0.97% 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 0.85%) | $89 | $279 | $484 |
| Trading costs (broker commissions) | $7 | $23 | $39 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $97 | $316 | $576 |
| Value after costs | $10,403 | $11,260 | $12,187 |
| Impact on return, per year | 0.97% | 0.97% | 0.97% |
CLIA Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0691%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): $1K
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
CLIA Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| TELSEY ADVISORY GROUP LLC | $9K | 87.65% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $1K | 12.35% |
CLIA Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $1K | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.