NRES Fees and Costs — Xtrackers RREEF Global Natural Resources ETF
Data updated: 2026-07-29
The net expense ratio is 0.45%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $24K in broker commissions, 0.0851% of average net assets, and portfolio turnover was 143%.
NRES Fees and Expenses
Annual operating expenses and sales charges of NRES. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
NRES Costs Over Time
On $10,000 invested in NRES, assuming 5% a year before costs, total costs come to $338 over 5 years, cutting the return by 0.56% 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 0.45%) | $47 | $148 | $258 |
| Trading costs (broker commissions) | $9 | $28 | $49 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $56 | $185 | $338 |
| Value after costs | $10,444 | $11,391 | $12,425 |
| Impact on return, per year | 0.56% | 0.56% | 0.56% |
NRES Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0851%
- Total broker commissions: $24K
- Bought from dealers (principal trades, not a cost): $23.5M
- Portfolio turnover (prospectus): 143%
- Securities on loan, average value: $42K
- Net income from securities lending: $730 (0.003% of average net assets)
NRES Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $4K | 16.60% |
| RBC CAPITAL MARKETS, LLC | $4K | 16.43% |
| CitiGroup Global Markets Inc. | $3K | 12.40% |
| BOFA SECURITIES, INC. | $3K | 12.34% |
| MORGAN STANLEY & CO. LLC | $2K | 11.36% |
| UBS Securities LLC | $2K | 9.37% |
| BTIG, LLC | $2K | 7.46% |
| GOLDMAN SACHS & CO. LLC | $1K | 6.55% |
| BMO CAPITAL MARKETS CORP. | $856 | 3.93% |
| BRADESCO SECURITIES, INC. | $774 | 3.55% |
NRES Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE BANK OF NEW YORK MELLON | $22.8M | 97.19% |
| J.P. Morgan Securities LLC | $659K | 2.81% |
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.