HEET Fees and Costs — Hartford Schroders ESG US Equity ETF
Data updated: 2023-06-27
The net expense ratio is 0.39%. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $943 in broker commissions, 0.0097% of average net assets, and portfolio turnover was 58%.
HEET Fees and Expenses
Annual operating expenses and sales charges of HEET. Prospectus, as of November 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.39% |
| Fee waiver | — |
| Net expense ratio | 0.39% |
| 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 |
HEET Costs Over Time
On $10,000 invested in HEET, assuming 5% a year before costs, total costs come to $253 over 5 years, cutting the return by 0.42% 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 0.39%) | $41 | $129 | $224 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $6 | $23 |
| Total costs | $42 | $138 | $253 |
| Value after costs | $10,458 | $11,438 | $12,510 |
| Impact on return, per year | 0.42% | 0.42% | 0.42% |
HEET Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0097%
- Total broker commissions: $943
- Bought from dealers (principal trades, not a cost): $10.8M
- Portfolio turnover (prospectus): 58%
- Securities on loan, average value: $334
- Net income from securities lending: $60 (0.001% of average net assets)
HEET Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $302 | 32.01% |
| National Financial Services LLC | $281 | 29.85% |
| Goldman Sachs & Co. LLC | $156 | 16.50% |
| Jefferies LLC | $83 | 8.75% |
| Credit Suisse Securities (USA) LLC | $79 | 8.34% |
| Citigroup Global Markets Inc. | $35 | 3.69% |
| Morgan Stanley & Co. LLC | $8 | 0.86% |
HEET Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $10.0M | 92.55% |
| State Street Bank and Trust Company | $806K | 7.45% |
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.