QLTI Fees and Costs — GMO International Quality ETF
Data updated: 2026-07-29
The net expense ratio is 0.60%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $6K in broker commissions, 0.0040% of average net assets, and portfolio turnover was 5%.
QLTI Fees and Expenses
Annual operating expenses and sales charges of QLTI. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.60% |
| Fee waiver | — |
| Net expense ratio | 0.60% |
| 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 |
QLTI Costs Over Time
On $10,000 invested in QLTI, assuming 5% a year before costs, total costs come to $381 over 5 years, cutting the return by 0.63% 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 0.60%) | $63 | $197 | $344 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $208 | $381 |
| Value after costs | $10,437 | $11,368 | $12,382 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
QLTI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0040%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $222.8M
- Portfolio turnover (prospectus): 5%
- Securities lending: none during the year
QLTI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $4K | 62.39% |
| J.P. Morgan Securities LLC | $2K | 29.35% |
| CLSA Americas, LLC | $169 | 2.80% |
| Jefferies LLC | $138 | 2.28% |
| BofA Securities, Inc. | $114 | 1.88% |
| Virtu Americas LLC | $78 | 1.30% |
QLTI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $99.1M | 44.47% |
| J.P. Morgan Securities LLC | $78.2M | 35.10% |
| Mizuho Securities USA LLC | $24.2M | 10.87% |
| Virtu Americas LLC | $9.5M | 4.25% |
| State Street Bank and Trust Company | $9.0M | 4.06% |
| Goldman Sachs & Co. LLC | $2.8M | 1.26% |
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.