EDUX Fees and Costs — Global X Education ETF
Data updated: 2023-10-30
The net expense ratio is 0.50%. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $1K in broker commissions, 0.0238% of average net assets, and portfolio turnover was 26%.
EDUX Fees and Expenses
Annual operating expenses and sales charges of EDUX. Prospectus, as of March 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| 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 |
EDUX Costs Over Time
On $10,000 invested in EDUX, assuming 5% a year before costs, total costs come to $331 over 5 years, cutting the return by 0.55% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $2 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $9 | $30 |
| Total costs | $55 | $181 | $331 |
| Value after costs | $10,445 | $11,395 | $12,432 |
| Impact on return, per year | 0.55% | 0.55% | 0.55% |
EDUX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0238%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $300K
- Portfolio turnover (prospectus): 26%
- Securities lending: none during the year
EDUX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CREDIT SUISSE FIRST BOSTON LLC. | $319 | 31.82% |
| G TRADE | $311 | 30.99% |
| MISCHLER FINANCIAL | $195 | 19.43% |
| CITIGROUP | $156 | 15.58% |
| JP MORGAN | $12 | 1.21% |
| GOLDMAN SACHS & CO | $10 | 0.96% |
EDUX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO | $300K | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.