EWS Fees and Costs — iShares MSCI Singapore 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 $86K in broker commissions, 0.0129% of average net assets, and portfolio turnover was 21%.
EWS Fees and Expenses
Annual operating expenses and sales charges of EWS. 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 |
EWS Costs Over Time
On $10,000 invested in EWS, assuming 5% a year before costs, total costs come to $324 over 5 years, cutting the return by 0.54% 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) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $54 | $177 | $324 |
| Value after costs | $10,446 | $11,399 | $12,439 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
EWS 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): 0.0129%
- Total broker commissions: $86K
- Bought from dealers (principal trades, not a cost): $666.9M
- Portfolio turnover (prospectus): 21%
- Securities on loan, average value: $21.1M
- Net income from securities lending: $91K (0.014% of average net assets)
EWS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $25K | 30.26% |
| UBS Securities LLC | $15K | 18.05% |
| Goldman Sachs & Co. LLC | $11K | 12.70% |
| SG Americas Securities, LLC | $8K | 9.89% |
| CLSA Americas, LLC | $6K | 7.49% |
| Jefferies LLC | $5K | 5.39% |
| Barclays Capital Inc. | $4K | 5.37% |
| Citigroup Global Markets Inc. | $4K | 5.11% |
| Macquarie Capital (USA) Inc. | $4K | 4.24% |
| J.P. Morgan Securities LLC | $1K | 1.51% |
EWS Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $166.9M | 25.03% |
| UBS Securities LLC | $154.4M | 23.16% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $123.5M | 18.52% |
| BofA Securities, Inc. | $119.5M | 17.92% |
| Goldman Sachs & Co. LLC | $55.2M | 8.28% |
| Jane Street Capital, LLC | $25.7M | 3.85% |
| ABN AMRO Securities (USA) LLC | $8.5M | 1.27% |
| Virtu Americas LLC | $7.6M | 1.14% |
| Macquarie Capital (USA) Inc. | $5.2M | 0.77% |
| HSBC Securities (USA) Inc. | $420K | 0.06% |
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.