EWEB Fees and Costs — Global X Emerging Markets Internet & E-commerce ETF
Data updated: 2024-01-12
The net expense ratio is 0.65%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $448 in broker commissions, 0.0172% of average net assets, and portfolio turnover was 26%.
EWEB Fees and Expenses
Annual operating expenses and sales charges of EWEB. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| 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 |
EWEB Costs Over Time
On $10,000 invested in EWEB, assuming 5% a year before costs, total costs come to $420 over 5 years, cutting the return by 0.70% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $70 | $230 | $420 |
| Value after costs | $10,430 | $11,346 | $12,343 |
| Impact on return, per year | 0.70% | 0.70% | 0.70% |
EWEB Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0172%
- Total broker commissions: $448
- Bought from dealers (principal trades, not a cost): $200K
- Portfolio turnover (prospectus): 26%
- Securities lending: none during the year
EWEB Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MACQUARIE CAPITAL | $224 | 49.99% |
| SOCIETE GENERALE COWEN SECURITIES CORP. | $213 | 47.62% |
| CITIGROUP GLOBAL MARKETS | $9 | 1.94% |
| MIDWEST RESEARCH SECURITIES | $2 | 0.45% |
EWEB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN, SACHS & CO. | $200K | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.