KSA Fees and Costs — iShares MSCI Saudi Arabia ETF
Data updated: 2026-07-27
The net expense ratio is 0.75%: a 0.74% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $406K in broker commissions, 0.0624% of average net assets, and portfolio turnover was 24%.
KSA Fees and Expenses
Annual operating expenses and sales charges of KSA. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.74% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| 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 |
KSA Costs Over Time
On $10,000 invested in KSA, assuming 5% a year before costs, total costs come to $510 over 5 years, cutting the return by 0.85% 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 | $428 |
| Trading costs (broker commissions) | $7 | $20 | $36 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $85 | $280 | $510 |
| Value after costs | $10,415 | $11,296 | $12,253 |
| Impact on return, per year | 0.85% | 0.85% | 0.85% |
KSA Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0624%
- Total broker commissions: $406K
- Bought from dealers (principal trades, not a cost): $202.2M
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
KSA Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $146K | 35.92% |
| HSBC Securities (USA) Inc. | $119K | 29.41% |
| J.P. Morgan Securities LLC | $72K | 17.81% |
| Morgan Stanley & Co. LLC | $50K | 12.25% |
| Goldman Sachs & Co. LLC | $19K | 4.61% |
KSA Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $202.2M | 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.