EMDM Fees and Costs — First Trust Bloomberg Emerging Market Democracies ETF
Data updated: 2026-08-21
The net expense ratio is 0.75%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $4K in broker commissions, 0.0560% of average net assets, and portfolio turnover was 24%.
EMDM Fees and Expenses
Annual operating expenses and sales charges of EMDM. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
EMDM Costs Over Time
On $10,000 invested in EMDM, assuming 5% a year before costs, total costs come to $506 over 5 years, cutting the return by 0.85% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $6 | $18 | $32 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $85 | $278 | $506 |
| Value after costs | $10,415 | $11,299 | $12,257 |
| Impact on return, per year | 0.85% | 0.85% | 0.85% |
EMDM Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0560%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $1.5M
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
EMDM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $2K | 55.17% |
| J.P. Morgan Securities LLC | $2K | 43.99% |
| BOFA SECURITIES, INC. | $29 | 0.81% |
| LarrainVial Securities US LLC | $1 | 0.03% |
EMDM Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.5M | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.