GBGR Fees and Costs — Global Beta Rising Stars ETF
Data updated: 2022-07-11
The net expense ratio is 0.29%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $6K in broker commissions, 0.3793% of average net assets, and portfolio turnover was 312%.
GBGR Fees and Expenses
Annual operating expenses and sales charges of GBGR. Prospectus, as of March 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.29% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.29% |
| Fee waiver | — |
| Net expense ratio | 0.29% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
GBGR Costs Over Time
On $10,000 invested in GBGR, assuming 5% a year before costs, total costs come to $421 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 0.29%) | $30 | $95 | $166 |
| Trading costs (broker commissions) | $40 | $125 | $217 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $70 | $231 | $421 |
| Value after costs | $10,430 | $11,345 | $12,341 |
| Impact on return, per year | 0.70% | 0.70% | 0.70% |
GBGR Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.3793%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $9.6M
- Portfolio turnover (prospectus): 312%
- Securities lending: none during the year
GBGR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Mischler Financial Group, Inc. | $5K | 87.35% |
| Wells Fargo Bank N.A. | $698 | 12.65% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.