DWM Fees and Costs — WisdomTree International Equity Fund
Data updated: 2026-08-31
The net expense ratio is 0.48%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $87K in broker commissions, 0.0145% of average net assets, and portfolio turnover was 29%.
DWM Fees and Expenses
Annual operating expenses and sales charges of DWM. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.48% |
| Fee waiver | — |
| Net expense ratio | 0.48% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
DWM Costs Over Time
On $10,000 invested in DWM, assuming 5% a year before costs, total costs come to $312 over 5 years, cutting the return by 0.52% 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 0.48%) | $50 | $158 | $276 |
| Trading costs (broker commissions) | $2 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $52 | $171 | $312 |
| Value after costs | $10,448 | $11,405 | $12,450 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
DWM Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0145%
- Total broker commissions: $87K
- Bought from dealers (principal trades, not a cost): $14.3M
- Portfolio turnover (prospectus): 29%
- Securities lending: none during the year
DWM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $23K | 26.35% |
| J.P. Morgan Securities LLC | $22K | 25.80% |
| UBS SECURITIES LLC | $19K | 21.82% |
| GOLDMAN SACHS & CO. LLC | $11K | 12.53% |
| MORGAN STANLEY & CO. LLC | $7K | 8.44% |
| CitiGroup Global Markets Inc. | $1K | 1.23% |
| SANFORD C. BERNSTEIN & CO., LLC | $992 | 1.15% |
| HSBC SECURITIES (USA) INC. | $910 | 1.05% |
| VIRTU AMERICAS LLC | $778 | 0.90% |
| MIZUHO SECURITIES USA LLC | $627 | 0.73% |
DWM Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $6.1M | 42.42% |
| CitiGroup Global Markets Inc. | $3.1M | 21.82% |
| UBS SECURITIES LLC | $3.1M | 21.76% |
| GOLDMAN SACHS & CO. LLC | $809K | 5.67% |
| BOFA SECURITIES, INC. | $498K | 3.49% |
| VERALLIA | $273K | 1.91% |
| Sumitomo Mitsui Construction Co., Ltd. | $145K | 1.02% |
| DOMAIN HOLDINGS AUSTRALIA | $106K | 0.74% |
| SG FLEET AUSTRALIA PTY LIMITED | $92K | 0.65% |
| RICARDO PLC | $74K | 0.52% |
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.