JMEE Fees and Costs — JPMorgan Small & Mid Cap Enhanced Equity ETF
Data updated: 2026-09-11
The net expense ratio is 0.24%: a 0.25% management fee plus 0.10% other expenses, less a 0.11% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $569K in broker commissions, 0.0253% of average net assets, and portfolio turnover was 37%.
JMEE Fees and Expenses
Annual operating expenses and sales charges of JMEE. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | — |
| Other expenses | 0.10% |
| Gross expense ratio | 0.35% |
| Fee waiver | −0.11% |
| Net expense ratio | 0.24% |
| 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 |
JMEE Costs Over Time
On $10,000 invested in JMEE, assuming 5% a year before costs, total costs come to $168 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 0.24%) | $25 | $79 | $138 |
| Trading costs (broker commissions) | $3 | $8 | $15 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $28 | $92 | $168 |
| Value after costs | $10,472 | $11,484 | $12,594 |
| Impact on return, per year | 0.28% | 0.28% | 0.28% |
JMEE Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0253%
- Total broker commissions: $569K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 37%
- Securities on loan, average value: $49.3M
- Net income from securities lending: $103K (0.005% of average net assets)
JMEE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $134K | 32.38% |
| RBC Capital Markets, LLC | $72K | 17.42% |
| UBS Securities LLC | $36K | 8.66% |
| TD SECURITIES (USA) LLC | $36K | 8.56% |
| Piper Sandler & Co. | $27K | 6.57% |
| Virtu Americas LLC | $24K | 5.67% |
| BofA Securities, Inc. | $22K | 5.33% |
| Barclays Capital, Inc. | $22K | 5.29% |
| Fidelity Brokerage Services LLC | $21K | 5.16% |
| J.P. Morgan Securities LLC | $21K | 4.95% |
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.