OTGL Fees and Costs — OTG Latin America ETF
Data updated: 2026-08-26
The net expense ratio is 0.95%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $11K in broker commissions, 0.0486% of average net assets, and portfolio turnover was 47%.
OTGL Fees and Expenses
Annual operating expenses and sales charges of OTGL. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.95% |
| Fee waiver | — |
| Net expense ratio | 0.95% |
| 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 |
OTGL Costs Over Time
On $10,000 invested in OTGL, assuming 5% a year before costs, total costs come to $625 over 5 years, cutting the return by 1.05% 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 0.95%) | $100 | $311 | $540 |
| Trading costs (broker commissions) | $5 | $16 | $28 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $105 | $343 | $625 |
| Value after costs | $10,395 | $11,233 | $12,138 |
| Impact on return, per year | 1.05% | 1.05% | 1.05% |
OTGL Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0486%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): $644K
- Portfolio turnover (prospectus): 47%
- Securities lending: none during the year
OTGL Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Robert W. Baird & Co. Incorporated | $5K | 48.32% |
| Scotia Capital (USA) Inc. | $4K | 34.54% |
| Pershing LLC | $559 | 4.98% |
| Merrill Lynch Pierce Fenner & Smith Incorporated | $447 | 3.98% |
| Goldman Sachs & Co. LLC | $432 | 3.85% |
| Citigroup Global Markets Inc. | $431 | 3.84% |
| National Financial Services LLC | $55 | 0.49% |
OTGL Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Odeon Capital Group LLC | $254K | 39.43% |
| Stifel, Nicolaus & Company, Incorporated | $194K | 30.16% |
| Jane Street Execution Services | $164K | 25.39% |
| J.P. Morgan Securities LLC | $32K | 5.02% |
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.