MGNR Fees and Costs — American Beacon GLG Natural Resources ETF
Data updated: 2026-09-24
The net expense ratio is 0.75%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $35K in broker commissions, 0.0157% of average net assets, and portfolio turnover was 80%.
MGNR Fees and Expenses
Annual operating expenses and sales charges of MGNR. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 |
MGNR Costs Over Time
On $10,000 invested in MGNR, assuming 5% a year before costs, total costs come to $481 over 5 years, cutting the return by 0.80% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $80 | $264 | $481 |
| Value after costs | $10,420 | $11,312 | $12,282 |
| Impact on return, per year | 0.80% | 0.80% | 0.80% |
MGNR Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0157%
- Total broker commissions: $35K
- Bought from dealers (principal trades, not a cost): $330.3M
- Portfolio turnover (prospectus): 80%
- Securities lending: none during the year
MGNR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $149.5M | 45.25% |
| Goldman Sachs & Co. LLC | $101.9M | 30.84% |
| Virtu Americas LLC | $76.8M | 23.26% |
| BofA Securities, Inc. | $2.1M | 0.64% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.