LRGG Fees and Costs — Nomura Focused Large Growth ETF
Data updated: 2026-08-26
The net expense ratio is 0.44%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $10K in broker commissions, 0.0034% of average net assets, and portfolio turnover was 20%.
LRGG Fees and Expenses
Annual operating expenses and sales charges of LRGG. Prospectus, as of July 29, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.44% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.44% |
| Fee waiver | — |
| Net expense ratio | 0.44% |
| 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 |
LRGG Costs Over Time
On $10,000 invested in LRGG, assuming 5% a year before costs, total costs come to $280 over 5 years, cutting the return by 0.47% 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 0.44%) | $46 | $145 | $253 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $47 | $153 | $280 |
| Value after costs | $10,453 | $11,423 | $12,482 |
| Impact on return, per year | 0.47% | 0.47% | 0.47% |
LRGG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0034%
- Total broker commissions: $10K
- Bought from dealers (principal trades, not a cost): $448.5M
- Portfolio turnover (prospectus): 20%
- Securities lending: none during the year
LRGG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Stifel, Nicolaus & Company, Incorporated | $2K | 18.93% |
| BofA Securities, Inc. | $1K | 16.02% |
| BTIG, LLC | $1K | 15.33% |
| Jefferies LLC | $1K | 12.13% |
| Morgan Stanley & Co. LLC | $900 | 9.64% |
| BNP Paribas Securities Corp. | $864 | 9.25% |
| Barclays Capital, Inc. | $637 | 6.83% |
| Goldman Sachs & Co. LLC | $505 | 5.41% |
| Citigroup Global Markets Inc. | $333 | 3.57% |
| FNY Capital Management LP | $268 | 2.88% |
LRGG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $377.0M | 84.06% |
| Jane Street Capital, LLC | $39.5M | 8.81% |
| J.P. Morgan Securities LLC | $18.4M | 4.11% |
| Goldman Sachs & Co. LLC | $12.2M | 2.73% |
| BofA Securities, Inc. | $1.3M | 0.29% |
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.