GDMN Fees and Costs — WisdomTree Efficient Gold Plus Gold Miners Strategy Fund
Data updated: 2026-07-30
The net expense ratio is 0.45%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3K in broker commissions, 0.0106% of average net assets, and portfolio turnover was 20%.
GDMN Fees and Expenses
Annual operating expenses and sales charges of GDMN. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
GDMN Costs Over Time
On $10,000 invested in GDMN, assuming 5% a year before costs, total costs come to $291 over 5 years, cutting the return by 0.48% 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 0.45%) | $47 | $148 | $259 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $7 | $27 |
| Total costs | $48 | $159 | $291 |
| Value after costs | $10,452 | $11,417 | $12,472 |
| Impact on return, per year | 0.48% | 0.48% | 0.48% |
GDMN 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): 0.0106%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $35.4M
- Portfolio turnover (prospectus): 20%
- Securities on loan, average value: $315K
- Net income from securities lending: $43 (0.000% of average net assets)
GDMN Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $731 | 28.70% |
| CLSA AMERICAS, LLC | $373 | 14.64% |
| UBS Securities LLC | $345 | 13.55% |
| GOLDMAN SACHS & CO. LLC | $332 | 13.03% |
| BOFA SECURITIES, INC. | $202 | 7.93% |
| MORGAN STANLEY & CO. LLC | $169 | 6.64% |
| CITIGROUP GLOBAL MARKETS INC. | $135 | 5.30% |
| HSBC SECURITIES (USA) INC. | $128 | 5.03% |
| VIRTU AMERICAS LLC | $71 | 2.79% |
| Instinet LLC | $61 | 2.39% |
GDMN Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $11.6M | 32.69% |
| VIRTU AMERICAS LLC | $9.5M | 26.84% |
| J.P. Morgan Securities LLC | $6.3M | 17.78% |
| Jane Street Execution Services, LLC | $5.3M | 15.03% |
| BNY MELLON CAPITAL MARKETS, LLC | $1.4M | 3.97% |
| GOLDMAN SACHS & CO. LLC | $708K | 2.00% |
| THE BANK OF NEW YORK MELLON | $400K | 1.13% |
| State Street Bank and Trust Company | $200K | 0.56% |
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.