MEDI Fees and Costs — Harbor Health Care ETF
Data updated: 2026-09-25
The net expense ratio is 0.80%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $18K in broker commissions, 0.1059% of average net assets, and portfolio turnover was 167%.
MEDI Fees and Expenses
Annual operating expenses and sales charges of MEDI. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.80% |
| Fee waiver | — |
| Net expense ratio | 0.80% |
| 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 |
MEDI Costs Over Time
On $10,000 invested in MEDI, assuming 5% a year before costs, total costs come to $568 over 5 years, cutting the return by 0.95% 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 0.80%) | $84 | $262 | $455 |
| Trading costs (broker commissions) | $11 | $35 | $60 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $95 | $312 | $568 |
| Value after costs | $10,405 | $11,264 | $12,195 |
| Impact on return, per year | 0.95% | 0.95% | 0.95% |
MEDI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1059%
- Total broker commissions: $18K
- Bought from dealers (principal trades, not a cost): $6.7M
- Portfolio turnover (prospectus): 167%
- Securities lending: none during the year
MEDI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $4K | 26.07% |
| Kezar Trading, LLC | $2K | 15.91% |
| JonesTrading Institutional Services LLC | $2K | 14.00% |
| Barclays Capital Inc. | $1K | 9.44% |
| Leerink Partners LLC | $896 | 6.62% |
| Sanford C. Bernstein & Co., LLC | $781 | 5.77% |
| Citigroup Global Markets Inc. | $773 | 5.72% |
| Jefferies LLC | $751 | 5.55% |
| BofA Securities, Inc. | $740 | 5.47% |
| Evercore Group L.L.C. | $734 | 5.43% |
MEDI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $6.5M | 97.92% |
| Goldman Sachs & Co. LLC | $139K | 2.08% |
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.