CRBN Fees and Costs — iShares MSCI ACWI Low Carbon Target ETF
Data updated: 2026-10-13
The net expense ratio is 0.20%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $81K in broker commissions, 0.0077% of average net assets, and portfolio turnover was 21%.
CRBN Fees and Expenses
Annual operating expenses and sales charges of CRBN. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.20% |
| Fee waiver | — |
| Net expense ratio | 0.20% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
CRBN Costs Over Time
On $10,000 invested in CRBN, assuming 5% a year before costs, total costs come to $132 over 5 years, cutting the return by 0.22% 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 0.20%) | $21 | $66 | $116 |
| Trading costs (broker commissions) | $1 | $3 | $4 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $22 | $72 | $132 |
| Value after costs | $10,478 | $11,504 | $12,631 |
| Impact on return, per year | 0.22% | 0.22% | 0.22% |
CRBN Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0077%
- Total broker commissions: $81K
- Bought from dealers (principal trades, not a cost): $330.6M
- Portfolio turnover (prospectus): 21%
CRBN Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $17K | 25.15% |
| J.P. Morgan Securities LLC | $14K | 20.45% |
| Citigroup Global Markets Inc. | $8K | 12.51% |
| UBS Securities LLC | $8K | 11.76% |
| Goldman Sachs & Co. LLC | $5K | 7.78% |
| BofA Securities, Inc. | $4K | 6.34% |
| BNP Paribas Securities Corp. | $3K | 5.08% |
| Jefferies LLC | $3K | 4.30% |
| Barclays Capital Inc. | $3K | 3.83% |
| Macquarie Capital (USA) Inc. | $2K | 2.80% |
CRBN Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $159.4M | 48.22% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $98.4M | 29.76% |
| Citigroup Global Markets Inc. | $72.8M | 22.02% |
| Goldman Sachs & Co. LLC | $2K | 0.00% |
| UBS Securities LLC | $2K | 0.00% |
| BNP Paribas Securities Corp. | $1K | 0.00% |
| Morgan Stanley & Co. LLC | $1K | 0.00% |
| Barclays Capital Inc. | $507 | 0.00% |
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.