MXDE Fees and Costs — Nationwide Maximum Diversification Emerging Markets Core Equity ETF
Data updated: 2020-07-30
The net expense ratio is 0.64%. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $17K in broker commissions, 0.0635% of average net assets, and portfolio turnover was 44%.
MXDE Fees and Expenses
Annual operating expenses and sales charges of MXDE. Prospectus, as of December 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.64% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.64% |
| Fee waiver | — |
| Net expense ratio | 0.64% |
| 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 |
MXDE Costs Over Time
On $10,000 invested in MXDE, assuming 5% a year before costs, total costs come to $443 over 5 years, cutting the return by 0.74% 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 0.64%) | $67 | $210 | $366 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $74 | $243 | $443 |
| Value after costs | $10,426 | $11,334 | $12,320 |
| Impact on return, per year | 0.74% | 0.74% | 0.74% |
MXDE Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0635%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): $4
- Portfolio turnover (prospectus): 44%
- Securities on loan, average value: $259K
- Net income from securities lending: $4K (0.014% of average net assets)
MXDE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $16K | 98.42% |
| MERRILL LYNCH PROFESSIONAL CLEARING CORP. | $264 | 1.58% |
MXDE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $2 | 50.00% |
| GOLDMAN SACHS & CO. LLC | $1 | 25.00% |
| CITIGROUP GLOBAL MARKETS INC. | $1 | 25.00% |
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.