ILF Fees and Costs — iShares Latin America 40 ETF
Data updated: 2026-08-24
The net expense ratio is 0.47%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $528K in broker commissions, 0.0221% of average net assets, and portfolio turnover was 18%.
ILF Fees and Expenses
Annual operating expenses and sales charges of ILF. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.47% |
| Fee waiver | — |
| Net expense ratio | 0.47% |
| 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 |
ILF Costs Over Time
On $10,000 invested in ILF, assuming 5% a year before costs, total costs come to $311 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 0.47%) | $49 | $155 | $270 |
| Trading costs (broker commissions) | $2 | $7 | $13 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $52 | $170 | $311 |
| Value after costs | $10,448 | $11,406 | $12,452 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
ILF 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): 0.0221%
- Total broker commissions: $528K
- Bought from dealers (principal trades, not a cost): $3.0B
- Portfolio turnover (prospectus): 18%
- Securities on loan, average value: $28.2M
- Net income from securities lending: $1.0M (0.042% of average net assets)
ILF Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $164K | 37.31% |
| BofA Securities, Inc. | $96K | 21.95% |
| Goldman Sachs & Co. LLC | $36K | 8.26% |
| UBS Securities LLC | $30K | 6.72% |
| BTG Pactual US Capital, LLC | $25K | 5.66% |
| Morgan Stanley & Co. LLC | $20K | 4.63% |
| Jefferies LLC | $19K | 4.42% |
| Santander Investment Securities | $17K | 3.95% |
| HSBC Securities (USA) Inc. | $16K | 3.71% |
| Barclays Capital Inc. | $15K | 3.38% |
ILF Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.1B | 36.09% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $818.0M | 27.34% |
| BofA Securities, Inc. | $624.5M | 20.88% |
| Goldman Sachs & Co. LLC | $264.1M | 8.83% |
| UBS Securities LLC | $138.3M | 4.62% |
| Jane Street Capital, LLC | $46.2M | 1.54% |
| RBC Capital Markets, LLC | $10.4M | 0.35% |
| Morgan Stanley & Co. LLC | $10.4M | 0.35% |
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.