ECOIX Fees and Costs — Redwheel Next Generation Power Infrastructure Fund, Institutional Class
Data updated: 2026-08-28
The net expense ratio is 1.07%: a 0.75% management fee plus 0.31% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $75K in broker commissions, 0.0376% of average net assets, and portfolio turnover was 46%.
ECOIX Fees and Expenses
Annual operating expenses and sales charges of ECOIX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.31% |
| Gross expense ratio | 1.07% |
| Fee waiver | — |
| Net expense ratio | 1.07% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
ECOIX Costs Over Time
On $10,000 invested in ECOIX, assuming 5% a year before costs, total costs come to $691 over 5 years, cutting the return by 1.16% 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 1.07%) | $112 | $350 | $607 |
| Trading costs (broker commissions) | $4 | $12 | $21 |
| Lost growth on money paid in costs | $0 | $18 | $63 |
| Total costs | $116 | $380 | $691 |
| Value after costs | $10,384 | $11,196 | $12,071 |
| Impact on return, per year | 1.16% | 1.16% | 1.16% |
ECOIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0376%
- Total broker commissions: $75K
- Bought from dealers (principal trades, not a cost): $1.4M
- Portfolio turnover (prospectus): 46%
- Securities lending: none during the year
ECOIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC | $13K | 20.12% |
| JP Morgan | $11K | 18.12% |
| Berenberg | $8K | 12.33% |
| UBS | $6K | 9.98% |
| BMO | $5K | 7.63% |
| Morgan Stanley | $5K | 7.57% |
| Direct Trading Institutional Inc | $4K | 6.91% |
| ITAU Securities Inc | $4K | 6.79% |
| BAML | $4K | 6.61% |
| Liquidnet | $2K | 3.93% |
ECOIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BAML | $1.4M | 97.81% |
| J P MORGAN CHASE BANK | $31K | 2.19% |
Redwheel Next Generation Power Infrastructure Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ECOIX | Institutional Class | 1.07% | none |
| ECOAX | A Class | 1.32% | 5.50% |
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.