MFSI Fees and Costs — MFS Active International ETF
Data updated: 2026-07-27
The net expense ratio is 0.59%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $54K in broker commissions, 0.0120% of average net assets, and portfolio turnover was 10%.
MFSI Fees and Expenses
Annual operating expenses and sales charges of MFSI. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.59% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.59% |
| Fee waiver | — |
| Net expense ratio | 0.59% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
MFSI Costs Over Time
On $10,000 invested in MFSI, assuming 5% a year before costs, total costs come to $380 over 5 years, cutting the return by 0.63% 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 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $208 | $380 |
| Value after costs | $10,437 | $11,368 | $12,383 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
MFSI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0120%
- Total broker commissions: $54K
- Bought from dealers (principal trades, not a cost): $545.3M
- Portfolio turnover (prospectus): 10%
- Securities lending: none during the year
MFSI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $12K | 24.33% |
| Citigroup Global Markets Inc. | $11K | 23.03% |
| BofA Securities, Inc. | $7K | 13.43% |
| UBS Securities LLC | $4K | 7.44% |
| Goldman Sachs & Co. LLC | $4K | 7.22% |
| Jefferies LLC | $3K | 6.91% |
| TD Securities (USA) LLC | $3K | 5.52% |
| BNP Paribas Securities Corp. | $3K | 5.18% |
| SG Americas Securities, LLC | $2K | 3.68% |
| Morgan Stanley & Co. LLC | $2K | 3.27% |
MFSI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jane Street Capital, LLC | $312.5M | 57.30% |
| J.P. Morgan Securities LLC | $187.8M | 34.44% |
| BofA Securities, Inc. | $22.6M | 4.15% |
| UBS Securities LLC | $18.2M | 3.33% |
| Goldman Sachs & Co. LLC | $4.3M | 0.78% |
| Jefferies LLC | $15 | 0.00% |
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.