LITP Fees and Costs — Sprott Lithium Miners ETF
Data updated: 2026-08-20
The net expense ratio is 0.65%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $9K in broker commissions, 0.0454% of average net assets, and portfolio turnover was 40%.
LITP Fees and Expenses
Annual operating expenses and sales charges of LITP. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| 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 |
LITP Costs Over Time
On $10,000 invested in LITP, assuming 5% a year before costs, total costs come to $438 over 5 years, cutting the return by 0.73% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $73 | $240 | $438 |
| Value after costs | $10,427 | $11,336 | $12,325 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
LITP Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0454%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $28.5M
- Portfolio turnover (prospectus): 40%
- Securities on loan, average value: $56.7M
- Net income from securities lending: $351K (1.735% of average net assets)
LITP Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH PROFESSIONAL CLEARING CORP. | $5K | 53.69% |
| MIZUHO SECURITIES USA LLC | $3K | 33.73% |
| Mischler Financial Group, Inc. | $1K | 11.82% |
| COWEN PRIME SERVICES LLC | $41 | 0.45% |
| BTIG, LLC | $29 | 0.32% |
LITP Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $7.1M | 34.09% |
| JPMORGAN DISTRIBUTION SERVICES, INC. | $6.9M | 32.78% |
| JANE STREET CAPITAL, LLC | $2.9M | 13.83% |
| UBS SECURITIES LLC | $2.4M | 11.36% |
| MERRILL LYNCH PROFESSIONAL CLEARING CORP. | $1.0M | 4.90% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $636K | 3.03% |
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.