JIDA Fees and Costs — JPMorgan ActiveBuilders International Equity ETF
Data updated: 2023-09-29
The net expense ratio is 0.25%. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $4K in broker commissions, 0.0157% of average net assets, and portfolio turnover was 28%.
JIDA Fees and Expenses
Annual operating expenses and sales charges of JIDA. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.25% |
| Fee waiver | — |
| Net expense ratio | 0.25% |
| 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 |
JIDA Costs Over Time
On $10,000 invested in JIDA, assuming 5% a year before costs, total costs come to $169 over 5 years, cutting the return by 0.28% 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 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $28 | $92 | $169 |
| Value after costs | $10,472 | $11,484 | $12,594 |
| Impact on return, per year | 0.28% | 0.28% | 0.28% |
JIDA 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): 0.0157%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 28%
- Securities on loan, average value: $53K
- Net income from securities lending: $379 (0.001% of average net assets)
JIDA Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $1K | 33.33% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $427 | 11.64% |
| Credit Agricole Securities (USA) Inc. | $410 | 11.17% |
| UBS Securities LLC | $358 | 9.76% |
| Societe Generale | $354 | 9.65% |
| CITIC Securities International USA, LLC | $271 | 7.38% |
| Goldman Sachs & Co. LLC | $201 | 5.48% |
| Instinet, LLC | $189 | 5.16% |
| BNP Paribas Securities Corp. | $124 | 3.37% |
| Jefferies LLC | $112 | 3.06% |
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.