MJUS Fees and Costs — ETFMG U.S. Alternative Harvest ETF
Data updated: 2024-02-28
The net expense ratio is 0.76%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $173K in broker commissions, 0.1572% of average net assets, and portfolio turnover was 12%.
MJUS Fees and Expenses
Annual operating expenses and sales charges of MJUS. Prospectus, as of January 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.76% |
| Fee waiver | — |
| Net expense ratio | 0.76% |
| 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 |
MJUS Costs Over Time
On $10,000 invested in MJUS, assuming 5% a year before costs, total costs come to $575 over 5 years, cutting the return by 0.96% 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 0.76%) | $80 | $249 | $433 |
| Trading costs (broker commissions) | $17 | $52 | $89 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $96 | $316 | $575 |
| Value after costs | $10,404 | $11,261 | $12,188 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
MJUS Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.1572%
- Total broker commissions: $173K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 12%
- Securities on loan, average value: $922K
- Net income from securities lending: $33K (0.030% of average net assets)
MJUS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Baypoint Trading LLC/Bass Trading, Bass Trading, BTIG LLC | $95K | 54.68% |
| Cowen and Company, LLC | $79K | 45.32% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.