FKU Fees and Costs — First Trust United Kingdom AlphaDEX Fund
Data updated: 2026-08-21
The net expense ratio is 0.80%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $43K in broker commissions, 0.0651% of average net assets.
FKU Fees and Expenses
Annual operating expenses and sales charges of FKU. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.80% |
| Fee waiver | — |
| Net expense ratio | 0.80% |
| 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 |
FKU Costs Over Time
On $10,000 invested in FKU, assuming 5% a year before costs, total costs come to $543 over 5 years, cutting the return by 0.91% 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 0.80%) | $84 | $262 | $456 |
| Trading costs (broker commissions) | $7 | $21 | $37 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $91 | $298 | $543 |
| Value after costs | $10,409 | $11,278 | $12,220 |
| Impact on return, per year | 0.91% | 0.91% | 0.91% |
FKU Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0651%
- Total broker commissions: $43K
- Bought from dealers (principal trades, not a cost): $43.8M
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
FKU Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $23K | 53.13% |
| GOLDMAN SACHS & CO. LLC | $20K | 46.06% |
| BOFA SECURITIES, INC. | $350 | 0.81% |
FKU Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $20.4M | 46.56% |
| JANE STREET CAPITAL, LLC | $13.7M | 31.30% |
| CitiGroup Global Markets Inc. | $5.1M | 11.53% |
| BOFA SECURITIES, INC. | $2.4M | 5.45% |
| GOLDMAN SACHS & CO. LLC | $2.3M | 5.16% |
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.