KEM Fees and Costs — KraneShares Dynamic Emerging Markets Strategy ETF
Data updated: 2025-06-16
The net expense ratio is 0.47%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $206 in broker commissions, 0.0045% of average net assets, and portfolio turnover was 11%.
KEM Fees and Expenses
Annual operating expenses and sales charges of KEM. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.10% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.47% |
| Fee waiver | — |
| Net expense ratio | 0.47% |
| 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 |
KEM Costs Over Time
On $10,000 invested in KEM, assuming 5% a year before costs, total costs come to $300 over 5 years, cutting the return by 0.50% 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 0.47%) | $49 | $155 | $270 |
| Trading costs (broker commissions) | $0 | $1 | $3 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $50 | $164 | $300 |
| Value after costs | $10,450 | $11,412 | $12,463 |
| Impact on return, per year | 0.50% | 0.50% | 0.50% |
KEM Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0045%
- Total broker commissions: $206
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 11%
- Securities lending: none during the year
KEM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MISCHLER FINANCIAL | $185 | 90.00% |
| BAML | $21 | 10.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.