GQGU Fees and Costs — GQG US Equity ETF
Data updated: 2026-08-28
The net expense ratio is 0.49%: a 0.45% management fee plus 0.07% other expenses, less a 0.03% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $60K in broker commissions, 0.0178% of average net assets, and portfolio turnover was 47%.
GQGU Fees and Expenses
Annual operating expenses and sales charges of GQGU. Prospectus, as of August 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | — |
| Other expenses | 0.07% |
| Gross expense ratio | 0.52% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.49% |
| 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 |
GQGU Costs Over Time
On $10,000 invested in GQGU, assuming 5% a year before costs, total costs come to $321 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 0.49%) | $51 | $161 | $281 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $53 | $175 | $321 |
| Value after costs | $10,447 | $11,401 | $12,442 |
| Impact on return, per year | 0.53% | 0.53% | 0.53% |
GQGU Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0178%
- Total broker commissions: $60K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 47%
- Securities lending: none during the year
GQGU Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BAML | $13K | 35.42% |
| BTIG | $7K | 18.36% |
| BNP PARIBAS | $5K | 12.95% |
| BARCLAY BANK PLC | $4K | 11.89% |
| JP MORGAN CHASE BANK | $4K | 11.07% |
| RAYMOND JAMES | $4K | 10.31% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.