IDY Fees and Costs — Pacific Global International Equity Income ETF
Data updated: 2020-11-13
The net expense ratio is 0.39%. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $11K in broker commissions, 0.0457% of average net assets.
IDY Fees and Expenses
Annual operating expenses and sales charges of IDY. Prospectus, as of June 30, 2019.
| 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 |
IDY Costs Over Time
On $10,000 invested in IDY, assuming 5% a year before costs, total costs come to $276 over 5 years, cutting the return by 0.46% 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) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $7 | $25 |
| Total costs | $46 | $151 | $276 |
| Value after costs | $10,454 | $11,426 | $12,487 |
| Impact on return, per year | 0.46% | 0.46% | 0.46% |
IDY Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0457%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): $3K
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
IDY Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS FINANCIAL SERVICES INC. | $4K | 42.10% |
| Virtu Americas LLC | $3K | 25.07% |
| Instinet LLC | $2K | 16.91% |
| SANFORD C. BERNSTEIN & CO., LLC | $2K | 15.89% |
| Zelman Partners, LLC | $3 | 0.03% |
IDY Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| SANFORD C. BERNSTEIN & CO., LLC | $3K | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.