GEME Fees and Costs — Pacific NoS Global EM Equity Active ETF
Data updated: 2026-08-26
The net expense ratio is 0.75%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $93K in broker commissions, 0.2189% of average net assets, and portfolio turnover was 80%.
GEME Fees and Expenses
Annual operating expenses and sales charges of GEME. Prospectus, as of May 5, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 |
GEME Costs Over Time
On $10,000 invested in GEME, assuming 5% a year before costs, total costs come to $606 over 5 years, cutting the return by 1.02% 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 0.75%) | $79 | $246 | $426 |
| Trading costs (broker commissions) | $23 | $72 | $124 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $102 | $333 | $606 |
| Value after costs | $10,398 | $11,243 | $12,156 |
| Impact on return, per year | 1.02% | 1.02% | 1.02% |
GEME 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): 0.2189%
- Total broker commissions: $93K
- Bought from dealers (principal trades, not a cost): $23.9M
- Portfolio turnover (prospectus): 80%
- Securities lending: none during the year
GEME Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $50K | 61.31% |
| Mirae Asset Securities (USA) Inc. | $5K | 5.59% |
| Yuanta Securities Co. | $4K | 5.28% |
| EFG Holding S.A.E. | $4K | 4.95% |
| Scotia Capital (USA) Inc. | $4K | 4.37% |
| EFG Hermes International Securities Brokerage S.A.E | $3K | 4.30% |
| CICC US Securities, Inc. | $3K | 4.30% |
| Samsung Securities (America), Inc. | $3K | 3.83% |
| CLSA Americas, LLC | $3K | 3.45% |
| Outset Global Trading Limited | $2K | 2.62% |
GEME Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $22.3M | 93.02% |
| Goldman Sachs & Co. LLC | $1.2M | 5.00% |
| Virtu Americas LLC | $474K | 1.98% |
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.