GPT Fees and Costs — Intelligent Alpha Atlas ETF
Data updated: 2026-09-11
The net expense ratio is 0.69%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $38K in broker commissions, 0.1790% of average net assets, and portfolio turnover was 264%.
GPT Fees and Expenses
Annual operating expenses and sales charges of GPT. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.69% |
| Fee waiver | — |
| Net expense ratio | 0.69% |
| 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 |
GPT Costs Over Time
On $10,000 invested in GPT, assuming 5% a year before costs, total costs come to $545 over 5 years, cutting the return by 0.91% 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 0.69%) | $72 | $226 | $393 |
| Trading costs (broker commissions) | $19 | $59 | $102 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $91 | $299 | $545 |
| Value after costs | $10,409 | $11,277 | $12,218 |
| Impact on return, per year | 0.91% | 0.91% | 0.91% |
GPT 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): 0.1790%
- Total broker commissions: $38K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 264%
- Securities on loan, average value: $3.2M
- Net income from securities lending: $58K (0.277% of average net assets)
GPT Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MISCHLER FINANCIAL GROUP, INC. | $28K | 73.57% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $9K | 23.48% |
| STONEX FINANCIAL INC. | $617 | 1.64% |
| RBC CAPITAL MARKETS LLC | $251 | 0.67% |
| MIRAE ASSET SECURITIES (USA) INC. | $243 | 0.64% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.