JIVE Fees and Costs — JPMorgan International Value ETF
Data updated: 2026-09-28
The net expense ratio is 0.55%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $162K in broker commissions, 0.0468% of average net assets, and portfolio turnover was 46%.
JIVE Fees and Expenses
Annual operating expenses and sales charges of JIVE. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.55% |
| Fee waiver | — |
| Net expense ratio | 0.55% |
| 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 |
JIVE Costs Over Time
On $10,000 invested in JIVE, assuming 5% a year before costs, total costs come to $376 over 5 years, cutting the return by 0.63% 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 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $5 | $15 | $27 |
| Lost growth on money paid in costs | $0 | $10 | $34 |
| Total costs | $63 | $206 | $376 |
| Value after costs | $10,437 | $11,370 | $12,386 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
JIVE Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0468%
- Total broker commissions: $162K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 46%
- Securities on loan, average value: $803K
- Net income from securities lending: $20K (0.006% of average net assets)
JIVE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $33K | 26.95% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $26K | 21.84% |
| Goldman Sachs & Co. LLC | $13K | 10.90% |
| BNP Paribas Securities Corp. | $9K | 7.16% |
| Jefferies LLC | $9K | 7.11% |
| Liquidnet, Inc. | $8K | 6.93% |
| Barclays Capital, Inc. | $7K | 5.91% |
| Citigroup Global Markets Inc. | $6K | 4.68% |
| Virtu Americas LLC | $6K | 4.67% |
| Optiver V.O.F. | $5K | 3.85% |
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.