GMOD Fees and Costs — GMO Dynamic Allocation ETF
Data updated: 2026-07-29
The net expense ratio is 0.50% (0.78% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $75 in broker commissions, 0.0004% of average net assets, and portfolio turnover was 8%.
GMOD Fees and Expenses
Annual operating expenses and sales charges of GMOD. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.78% |
| Fee waiver | −0.28% |
| Net expense ratio | 0.50% |
| 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 |
GMOD Costs Over Time
On $10,000 invested in GMOD, assuming 5% a year before costs, total costs come to $316 over 5 years, cutting the return by 0.53% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $53 | $173 | $316 |
| Value after costs | $10,447 | $11,403 | $12,447 |
| Impact on return, per year | 0.53% | 0.53% | 0.53% |
GMOD Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0004%
- Total broker commissions: $75
- Bought from dealers (principal trades, not a cost): $36.3M
- Portfolio turnover (prospectus): 8%
- Securities lending: none during the year
GMOD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $31 | 41.17% |
| SG Americas Securities, LLC | $19 | 25.56% |
| BofA Securities, Inc. | $10 | 13.82% |
| J.P. Morgan Securities LLC | $8 | 11.21% |
| Goldman Sachs & Co. LLC | $5 | 6.38% |
| Virtu Americas LLC | $1 | 1.86% |
GMOD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $32.4M | 89.32% |
| BofA Securities, Inc. | $2.3M | 6.25% |
| Goldman Sachs & Co. LLC | $1.1M | 3.02% |
| State Street Bank and Trust Company | $513K | 1.41% |
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.