IDLB Fees and Costs — Invesco FTSE International Low Beta Equal Weight ETF
Data updated: 2023-04-03
The net expense ratio is 0.45%. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $3K in broker commissions, 0.0447% of average net assets, and portfolio turnover was 66%.
IDLB Fees and Expenses
Annual operating expenses and sales charges of IDLB. Prospectus, as of October 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| 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 | No |
IDLB Costs Over Time
On $10,000 invested in IDLB, assuming 5% a year before costs, total costs come to $313 over 5 years, cutting the return by 0.52% 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 0.45%) | $47 | $148 | $258 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $52 | $171 | $313 |
| Value after costs | $10,448 | $11,405 | $12,450 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
IDLB Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0447%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $1.9M
- Portfolio turnover (prospectus): 66%
- Securities on loan, average value: $433K
- Net income from securities lending: $2K (0.038% of average net assets)
IDLB Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CREDIT SUISSE SECURITIES (USA) LLC | $2K | 57.06% |
| MORGAN STANLEY & CO. LLC | $1K | 41.38% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $32 | 1.18% |
| CITIGROUP GLOBAL MARKETS INC. | $10 | 0.38% |
IDLB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $969K | 50.36% |
| BNY MELLON CAPITAL MARKETS, LLC | $955K | 49.63% |
| MORGAN STANLEY & CO. LLC | $128 | 0.01% |
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.