KGHG Fees and Costs — KraneShares Global Carbon Transformation ETF
Data updated: 2023-06-14
The net expense ratio is 0.89%: a 0.88% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $3K in broker commissions, 0.1100% of average net assets, and portfolio turnover was 1%.
KGHG Fees and Expenses
Annual operating expenses and sales charges of KGHG. Prospectus, as of July 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.88% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.89% |
| Fee waiver | — |
| Net expense ratio | 0.89% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
KGHG Costs Over Time
On $10,000 invested in KGHG, assuming 5% a year before costs, total costs come to $626 over 5 years, cutting the return by 1.05% 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 0.89%) | $93 | $292 | $506 |
| Trading costs (broker commissions) | $12 | $36 | $62 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $105 | $344 | $626 |
| Value after costs | $10,395 | $11,232 | $12,137 |
| Impact on return, per year | 1.05% | 1.05% | 1.05% |
KGHG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.1100%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 1%
- Securities lending: none during the year
KGHG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU FINANCIAL BD LLC | $1K | 55.92% |
| JPM CHASE | $1K | 40.40% |
| MONTGOMERY/BANK OF AMERICA | $44 | 1.66% |
| MISCHLER FINANCIAL | $35 | 1.33% |
| SOCIETE GENERALE COWEN SECURITIES CORP. | $18 | 0.69% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.