DKRB Fees and Costs — Subversive Decarbonization ETF
Data updated: 2024-02-29
The net expense ratio is 0.76%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $6K in broker commissions, 0.9402% of average net assets, and portfolio turnover was 356%.
DKRB Fees and Expenses
Annual operating expenses and sales charges of DKRB. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.76% |
| Fee waiver | — |
| Net expense ratio | 0.76% |
| 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 |
DKRB Costs Over Time
On $10,000 invested in DKRB, assuming 5% a year before costs, total costs come to $1,049 over 5 years, cutting the return by 1.79% 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 0.76%) | $80 | $247 | $425 |
| Trading costs (broker commissions) | $99 | $306 | $526 |
| Lost growth on money paid in costs | $0 | $28 | $97 |
| Total costs | $179 | $580 | $1,049 |
| Value after costs | $10,321 | $10,996 | $11,714 |
| Impact on return, per year | 1.79% | 1.79% | 1.79% |
DKRB Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.9402%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 356%
- Securities lending: none during the year
DKRB Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $5K | 84.09% |
| TELSEY ADVISORY GROUP LLC | $293 | 5.02% |
| GOLDMAN SACHS & CO. LLC | $262 | 4.49% |
| ROBERT W. BAIRD & CO. INCORPORATED | $230 | 3.94% |
| NATIONAL FINANCIAL SERVICES LLC | $67 | 1.15% |
| CITIGROUP GLOBAL MARKETS INC. | $52 | 0.90% |
| BNP Paribas Securities Corp. | $24 | 0.42% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.