EUFN Fees and Costs — iShares MSCI Europe Financials ETF
Data updated: 2026-10-13
The net expense ratio is 0.49%: a 0.48% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $138K in broker commissions, 0.0033% of average net assets, and portfolio turnover was 5%.
EUFN Fees and Expenses
Annual operating expenses and sales charges of EUFN. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.49% |
| Fee waiver | — |
| Net expense ratio | 0.49% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
EUFN Costs Over Time
On $10,000 invested in EUFN, assuming 5% a year before costs, total costs come to $312 over 5 years, cutting the return by 0.52% 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 0.49%) | $51 | $161 | $281 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $52 | $170 | $312 |
| Value after costs | $10,448 | $11,406 | $12,451 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
EUFN Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0033%
- Total broker commissions: $138K
- Bought from dealers (principal trades, not a cost): $2.7B
- Portfolio turnover (prospectus): 5%
EUFN Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $29K | 22.89% |
| Citigroup Global Markets Inc. | $20K | 16.10% |
| Morgan Stanley & Co. LLC | $17K | 13.29% |
| UBS Securities LLC | $16K | 12.76% |
| BNP Paribas Securities Corp. | $14K | 11.19% |
| Barclays Capital Inc. | $8K | 6.36% |
| Goldman Sachs & Co. LLC | $8K | 6.34% |
| Bofa Securities, Inc. | $6K | 4.95% |
| RBC Capital Markets, LLC | $5K | 3.83% |
| J.P. Morgan Securities LLC | $3K | 2.29% |
EUFN Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $601.1M | 22.04% |
| UBS Securities LLC | $546.6M | 20.04% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $511.0M | 18.74% |
| BofA Securities, Inc. | $474.1M | 17.38% |
| J.P. Morgan Securities LLC | $281.3M | 10.32% |
| Jane Street Capital, LLC | $157.7M | 5.78% |
| Goldman Sachs & Co. LLC | $125.6M | 4.61% |
| Virtu Americas LLC | $26.5M | 0.97% |
| Morgan Stanley & Co. LLC | $3.3M | 0.12% |
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.