GK Fees and Costs — AdvisorShares Gerber Kawasaki ETF
Data updated: 2026-09-10
The net expense ratio is 0.77% (1.31% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $3K in broker commissions, 0.0095% of average net assets, and portfolio turnover was 63%.
GK Fees and Expenses
Annual operating expenses and sales charges of GK. Prospectus, as of November 1, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.54% |
| Gross expense ratio | 1.31% |
| Fee waiver | −0.54% |
| Net expense ratio | 0.77% |
| 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 | Yes |
GK Costs Over Time
On $10,000 invested in GK, assuming 5% a year before costs, total costs come to $490 over 5 years, cutting the return by 0.82% 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 0.77%) | $81 | $253 | $440 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $82 | $269 | $490 |
| Value after costs | $10,418 | $11,308 | $12,273 |
| Impact on return, per year | 0.82% | 0.82% | 0.82% |
GK Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0095%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $3.5M
- Portfolio turnover (prospectus): 63%
- Securities on loan, average value: $444K
- Net income from securities lending: $906 (0.003% of average net assets)
GK Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $3K | 100.00% |
GK Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $3.2M | 92.09% |
| VIRTU AMERICAS LLC | $276K | 7.91% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.