HOM Fees and Costs — LifeGoal Home Down Payment Investment ETF
Data updated: 2023-07-07
The net expense ratio is 0.34% (15.89% before fee waivers). There are no sales loads or redemption fees. In fiscal 2022 the fund paid $793 in broker commissions, 0.0626% of average net assets, and portfolio turnover was 142%.
HOM Fees and Expenses
Annual operating expenses and sales charges of HOM. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.44% |
| 12b-1 fee | — |
| Other expenses | 15.30% |
| Gross expense ratio | 15.89% |
| Fee waiver | −15.55% |
| Net expense ratio | 0.34% |
| 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 |
HOM Costs Over Time
On $10,000 invested in HOM, assuming 5% a year before costs, total costs come to $255 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 0.34%) | $36 | $112 | $196 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $42 | $139 | $255 |
| Value after costs | $10,458 | $11,437 | $12,508 |
| Impact on return, per year | 0.42% | 0.42% | 0.42% |
HOM Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0626%
- Total broker commissions: $793
- Bought from dealers (principal trades, not a cost): $2.8M
- Portfolio turnover (prospectus): 142%
- Securities lending: none during the year
HOM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $389 | 49.05% |
| Virtu Americas LLC | $202 | 25.47% |
| Bloomberg | $202 | 25.47% |
HOM Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $2.8M | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.