KEJI Fees and Costs — Global X China Innovation ETF
Data updated: 2023-10-30
The net expense ratio is 0.75%. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $3K in broker commissions, 0.1009% of average net assets, and portfolio turnover was 49%.
KEJI Fees and Expenses
Annual operating expenses and sales charges of KEJI. Prospectus, as of March 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 |
KEJI Costs Over Time
On $10,000 invested in KEJI, assuming 5% a year before costs, total costs come to $534 over 5 years, cutting the return by 0.89% 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 0.75%) | $79 | $246 | $427 |
| Trading costs (broker commissions) | $11 | $33 | $58 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $89 | $293 | $534 |
| Value after costs | $10,411 | $11,283 | $12,229 |
| Impact on return, per year | 0.89% | 0.89% | 0.89% |
KEJI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.1009%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $12K
- Portfolio turnover (prospectus): 49%
- Securities lending: none during the year
KEJI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO | $394 | 18.78% |
| JP MORGAN | $317 | 15.14% |
| MORGAN STANLEY & CO, INC | $260 | 12.43% |
| CITIGROUP | $252 | 12.03% |
| UBS SECURITIES LLC | $171 | 8.14% |
| MACQUARIE CAPITAL | $160 | 7.64% |
| MIRAE ASSET SECURITIES | $157 | 7.51% |
| JEFFERIES LLC | $138 | 6.56% |
| CREDIT SUISSE FIRST BOSTON LLC. | $137 | 6.55% |
| DAIWA SECURITIES AMERICA, INC. | $110 | 5.23% |
KEJI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| DAIWA SECURITIES AMERICA, INC. | $12K | 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.