EIRL Fees and Costs — iShares MSCI Ireland ETF
Data updated: 2026-07-27
The net expense ratio is 0.50%: a 0.49% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $16K in broker commissions, 0.0226% of average net assets, and portfolio turnover was 46%.
EIRL Fees and Expenses
Annual operating expenses and sales charges of EIRL. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| 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 |
EIRL Costs Over Time
On $10,000 invested in EIRL, assuming 5% a year before costs, total costs come to $330 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 | $7 | $13 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $55 | $181 | $330 |
| Value after costs | $10,445 | $11,396 | $12,433 |
| Impact on return, per year | 0.55% | 0.55% | 0.55% |
EIRL Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0226%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $85.2M
- Portfolio turnover (prospectus): 46%
- Securities lending: none during the year
EIRL Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $4K | 29.33% |
| J.P. Morgan Securities LLC | $2K | 15.93% |
| RBC Capital Markets, LLC | $2K | 11.94% |
| BofA Securities, Inc. | $2K | 11.72% |
| Goldman Sachs & Co. LLC | $2K | 10.86% |
| CANTOR FITZGERALD & CO. | $819 | 5.39% |
| Jefferies LLC | $745 | 4.90% |
| UBS Securities LLC | $711 | 4.69% |
| Citigroup Global Markets Inc. | $453 | 2.99% |
| WELLS FARGO SECURITIES, LLC | $343 | 2.26% |
EIRL Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $42.5M | 49.87% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $33.4M | 39.19% |
| UBS Securities LLC | $5.9M | 6.98% |
| Mizuho Securities USA LLC | $3.4M | 3.96% |
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.