LIV Fees and Costs — Emles @Home ETF
Data updated: 2022-11-29
The net expense ratio is 0.49%. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $3K in broker commissions, 0.1007% of average net assets, and portfolio turnover was 30%.
LIV Fees and Expenses
Annual operating expenses and sales charges of LIV. Prospectus, as of October 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.49% |
| Fee waiver | — |
| Net expense ratio | 0.49% |
| 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 |
LIV Costs Over Time
On $10,000 invested in LIV, assuming 5% a year before costs, total costs come to $373 over 5 years, cutting the return by 0.62% 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 0.49%) | $51 | $161 | $281 |
| Trading costs (broker commissions) | $11 | $33 | $58 |
| Lost growth on money paid in costs | $0 | $10 | $34 |
| Total costs | $62 | $204 | $373 |
| Value after costs | $10,438 | $11,372 | $12,390 |
| Impact on return, per year | 0.62% | 0.62% | 0.62% |
LIV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.1007%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $3.4M
- Portfolio turnover (prospectus): 30%
- Securities lending: none during the year
LIV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GTS Securities, LLC | $3K | 81.96% |
| Mischler Financial Group, Inc. | $570 | 16.90% |
| Hilltop Securities Inc. | $20 | 0.59% |
| StoneX Financial Inc. | $18 | 0.54% |
LIV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO Capital Markets Corp. | $3.4M | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.