EPP Fees and Costs — iShares MSCI Pacific ex Japan ETF
Data updated: 2026-07-27
The net expense ratio is 0.47%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $87K in broker commissions, 0.0045% of average net assets, and portfolio turnover was 10%.
EPP Fees and Expenses
Annual operating expenses and sales charges of EPP. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.47% |
| Fee waiver | — |
| Net expense ratio | 0.47% |
| 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 |
EPP Costs Over Time
On $10,000 invested in EPP, assuming 5% a year before costs, total costs come to $300 over 5 years, cutting the return by 0.50% 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 0.47%) | $49 | $155 | $270 |
| Trading costs (broker commissions) | $0 | $1 | $3 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $50 | $164 | $300 |
| Value after costs | $10,450 | $11,412 | $12,463 |
| Impact on return, per year | 0.50% | 0.50% | 0.50% |
EPP 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): 0.0045%
- Total broker commissions: $87K
- Bought from dealers (principal trades, not a cost): $847.4M
- Portfolio turnover (prospectus): 10%
- Securities on loan, average value: $11.0M
- Net income from securities lending: $61K (0.003% of average net assets)
EPP Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $17K | 21.43% |
| UBS Securities LLC | $12K | 15.13% |
| Nomura Securities International, Inc. | $10K | 12.78% |
| Citigroup Global Markets Inc. | $8K | 10.35% |
| Jefferies LLC | $8K | 9.94% |
| BofA Securities, Inc. | $7K | 8.59% |
| Goldman Sachs & Co. LLC | $5K | 6.74% |
| Macquarie Capital (USA) Inc. | $5K | 6.00% |
| Barclays Capital Inc. | $4K | 5.56% |
| BNP Paribas Securities Corp. | $3K | 3.48% |
EPP Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $385.4M | 45.47% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $219.5M | 25.90% |
| BofA Securities, Inc. | $116.3M | 13.72% |
| Citigroup Global Markets Inc. | $56.0M | 6.60% |
| Goldman Sachs & Co. LLC | $44.9M | 5.30% |
| J.P. Morgan Securities LLC | $25.4M | 3.00% |
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.