OEUR Fees and Costs — OShares Europe Quality Dividend ETF
Data updated: 2022-05-11
The net expense ratio is 0.48%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $10K in broker commissions, 0.0489% of average net assets, and portfolio turnover was 42%.
OEUR Fees and Expenses
Annual operating expenses and sales charges of OEUR. Prospectus, as of October 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.48% |
| Fee waiver | — |
| Net expense ratio | 0.48% |
| 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 |
OEUR Costs Over Time
On $10,000 invested in OEUR, assuming 5% a year before costs, total costs come to $334 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 0.48%) | $50 | $158 | $275 |
| Trading costs (broker commissions) | $5 | $16 | $28 |
| Lost growth on money paid in costs | $0 | $9 | $30 |
| Total costs | $56 | $183 | $334 |
| Value after costs | $10,444 | $11,394 | $12,429 |
| Impact on return, per year | 0.56% | 0.56% | 0.56% |
OEUR Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0489%
- Total broker commissions: $10K
- Bought from dealers (principal trades, not a cost): $4.0M
- Portfolio turnover (prospectus): 42%
- Securities lending: none during the year
OEUR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $10K | 100.00% |
OEUR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.4M | 35.63% |
| Credit Suisse Securities (USA) LLC | $1.4M | 35.03% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $1.2M | 29.34% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.