GMOI Fees and Costs — GMO International Value ETF
Data updated: 2026-07-29
The net expense ratio is 0.60%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $31K in broker commissions, 0.0126% of average net assets, and portfolio turnover was 4%.
GMOI Fees and Expenses
Annual operating expenses and sales charges of GMOI. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.60% |
| Fee waiver | — |
| Net expense ratio | 0.60% |
| 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 |
GMOI Costs Over Time
On $10,000 invested in GMOI, assuming 5% a year before costs, total costs come to $386 over 5 years, cutting the return by 0.64% 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 0.60%) | $63 | $197 | $344 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $64 | $211 | $386 |
| Value after costs | $10,436 | $11,365 | $12,377 |
| Impact on return, per year | 0.64% | 0.64% | 0.64% |
GMOI 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): 0.0126%
- Total broker commissions: $31K
- Bought from dealers (principal trades, not a cost): $384.6M
- Portfolio turnover (prospectus): 4%
- Securities lending: none during the year
GMOI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $21K | 69.14% |
| Morgan Stanley & Co. LLC | $6K | 19.99% |
| J.P. Morgan Securities LLC | $2K | 6.15% |
| Barclays Capital Inc. | $607 | 1.96% |
| Virtu Americas LLC | $354 | 1.15% |
| SG Americas Securities, LLC | $253 | 0.82% |
| CLSA Americas, LLC | $124 | 0.40% |
| Nomura Securities International, Inc. | $114 | 0.37% |
| Loop Capital Markets LLC | $4 | 0.01% |
| BMO Capital Markets Corp. | $4 | 0.01% |
GMOI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $147.1M | 38.24% |
| State Street Bank and Trust Company | $112.8M | 29.34% |
| Goldman Sachs & Co. LLC | $53.5M | 13.90% |
| BofA Securities, Inc. | $33.4M | 8.68% |
| Virtu Americas LLC | $28.7M | 7.46% |
| Morgan Stanley & Co. LLC | $9.2M | 2.38% |
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.