GAADX Fees and Costs — Guinness Atkinson Asia Pacific Dividend Builder Fund
Data updated: 2021-03-16
The net expense ratio is 1.10%: a 1.00% management fee plus 3.02% other expenses, less a 2.92% fee waiver. This share class carries a redemption fee of 2.00%. In fiscal 2020 the fund paid $14K in broker commissions, 0.1842% of average net assets, and portfolio turnover was 33%.
GAADX Fees and Expenses
Annual operating expenses and sales charges of GAADX. Prospectus, as of September 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 3.02% |
| Gross expense ratio | 4.02% |
| Fee waiver | −2.92% |
| Net expense ratio | 1.10% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
GAADX Costs Over Time
On $10,000 invested in GAADX, assuming 5% a year before costs, total costs come to $799 over 5 years, cutting the return by 1.35% 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 1.10%) | $116 | $359 | $621 |
| Trading costs (broker commissions) | $19 | $60 | $104 |
| Lost growth on money paid in costs | $0 | $21 | $73 |
| Total costs | $135 | $440 | $799 |
| Value after costs | $10,365 | $11,136 | $11,964 |
| Impact on return, per year | 1.35% | 1.35% | 1.35% |
GAADX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.1842%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 33%
- Securities lending: none during the year
GAADX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley | $14K | 98.93% |
| Northern Trust Securities, Inc. | $151 | 1.07% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.