IWIN Fees and Costs — Amplify Inflation Fighter ETF
Data updated: 2024-08-27
The net expense ratio is 0.87%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $33K in broker commissions, 0.3519% of average net assets, and portfolio turnover was 23%.
IWIN Fees and Expenses
Annual operating expenses and sales charges of IWIN. Prospectus, as of February 29, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.87% |
| Fee waiver | — |
| Net expense ratio | 0.87% |
| 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 |
IWIN Costs Over Time
On $10,000 invested in IWIN, assuming 5% a year before costs, total costs come to $761 over 5 years, cutting the return by 1.28% 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 0.87%) | $91 | $284 | $492 |
| Trading costs (broker commissions) | $37 | $115 | $199 |
| Lost growth on money paid in costs | $0 | $20 | $70 |
| Total costs | $128 | $419 | $761 |
| Value after costs | $10,372 | $11,157 | $12,002 |
| Impact on return, per year | 1.28% | 1.28% | 1.28% |
IWIN Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.3519%
- Total broker commissions: $33K
- Bought from dealers (principal trades, not a cost): $4.1M
- Portfolio turnover (prospectus): 23%
- Securities on loan, average value: $151K
- Net income from securities lending: $3K (0.027% of average net assets)
IWIN Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| PHILLIP CAPITAL INC. | $25K | 76.47% |
| CANACCORD GENUITY LLC | $3K | 9.29% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $2K | 7.53% |
| BTIG LLC | $2K | 6.24% |
| ROBERT W. BAIRD & CO. INCORPORATED | $152 | 0.47% |
IWIN Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH PROFESSIONAL CLEARING CORP. | $4.1M | 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.