MFUT Fees and Costs — Cambria Chesapeake Pure Trend ETF
Data updated: 2026-09-14
The net expense ratio is 0.89%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $34K in broker commissions, 0.1266% of average net assets, and portfolio turnover was 309%.
MFUT Fees and Expenses
Annual operating expenses and sales charges of MFUT. Prospectus, as of July 17, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.09% |
| Gross expense ratio | 0.89% |
| Fee waiver | — |
| Net expense ratio | 0.89% |
| 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 |
MFUT Costs Over Time
On $10,000 invested in MFUT, assuming 5% a year before costs, total costs come to $636 over 5 years, cutting the return by 1.07% 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 0.89%) | $93 | $292 | $505 |
| Trading costs (broker commissions) | $13 | $41 | $72 |
| Lost growth on money paid in costs | $0 | $16 | $58 |
| Total costs | $107 | $349 | $636 |
| Value after costs | $10,393 | $11,227 | $12,127 |
| Impact on return, per year | 1.07% | 1.07% | 1.07% |
MFUT Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.1266%
- Total broker commissions: $34K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 309%
- Securities lending: none during the year
MFUT Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SNC CAPITAL MANAGEMENT CORP. | $29K | 84.65% |
| ROBERT W. BAIRD & CO. INCORPORATED | $3K | 7.81% |
| INTERACTIVE BROKERS LLC | $1K | 4.22% |
| CITIGROUP GLOBAL MARKETS INC. | $627 | 1.84% |
| PERSHING LLC | $475 | 1.39% |
| MORGAN STANLEY & CO. LLC | $20 | 0.06% |
| TELSEY ADVISORY GROUP LLC | $6 | 0.02% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $3 | 0.01% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.