GLIN Fees and Costs — VanEck India Growth Leaders ETF
Data updated: 2026-08-26
The net expense ratio is 0.72%: a 0.50% management fee plus 0.30% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $156K in broker commissions, 0.1190% of average net assets, and portfolio turnover was 66%.
GLIN Fees and Expenses
Annual operating expenses and sales charges of GLIN. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | — |
| Other expenses | 0.30% |
| Gross expense ratio | 0.80% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.72% |
| 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 |
GLIN Costs Over Time
On $10,000 invested in GLIN, assuming 5% a year before costs, total costs come to $526 over 5 years, cutting the return by 0.88% 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 0.72%) | $76 | $236 | $410 |
| Trading costs (broker commissions) | $12 | $39 | $68 |
| Lost growth on money paid in costs | $0 | $14 | $48 |
| Total costs | $88 | $289 | $526 |
| Value after costs | $10,412 | $11,287 | $12,236 |
| Impact on return, per year | 0.88% | 0.88% | 0.88% |
GLIN 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): 0.1190%
- Total broker commissions: $156K
- Bought from dealers (principal trades, not a cost): $1.5M
- Portfolio turnover (prospectus): 66%
- Securities lending: none during the year
GLIN Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $105K | 67.42% |
| J.P. Morgan Securities LLC | $22K | 14.07% |
| UBS Securities LLC | $20K | 12.71% |
| Goldman Sachs & Co. LLC | $8K | 5.28% |
| BofA Securities, Inc. | $803 | 0.51% |
GLIN Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $936K | 60.97% |
| Goldman Sachs & Co. LLC | $368K | 24.00% |
| UBS Securities LLC | $116K | 7.57% |
| Virtu Americas LLC | $115K | 7.46% |
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.