JGRW Fees and Costs — Jensen Quality Growth ETF
Data updated: 2026-10-16
The net expense ratio is 0.57%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2K in broker commissions, 0.0018% of average net assets, and portfolio turnover was 31%.
JGRW Fees and Expenses
Annual operating expenses and sales charges of JGRW. Prospectus, as of September 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.57% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.57% |
| Fee waiver | — |
| Net expense ratio | 0.57% |
| 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 |
JGRW Costs Over Time
On $10,000 invested in JGRW, assuming 5% a year before costs, total costs come to $361 over 5 years, cutting the return by 0.60% 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 0.57%) | $60 | $188 | $327 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $60 | $197 | $361 |
| Value after costs | $10,440 | $11,379 | $12,402 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
JGRW Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0018%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 31%
- Securities lending: none during the year
JGRW Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $1K | 82.36% |
| KNIGHT DIRECT, LLC | $215 | 12.86% |
| BNY MELLON CAPITAL MARKETS, LLC | $80 | 4.78% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.