RFG Fees and Costs — Invesco S&P MidCap 400 Pure Growth ETF
Data updated: 2026-09-28
The net expense ratio is 0.35%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $48K in broker commissions, 0.0158% of average net assets, and portfolio turnover was 77%.
RFG Fees and Expenses
Annual operating expenses and sales charges of RFG. Prospectus, as of August 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.35% |
| Fee waiver | — |
| Net expense ratio | 0.35% |
| 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 |
RFG Costs Over Time
On $10,000 invested in RFG, assuming 5% a year before costs, total costs come to $232 over 5 years, cutting the return by 0.38% 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 0.35%) | $37 | $115 | $202 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $38 | $127 | $232 |
| Value after costs | $10,462 | $11,450 | $12,531 |
| Impact on return, per year | 0.38% | 0.38% | 0.38% |
RFG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0158%
- Total broker commissions: $48K
- Bought from dealers (principal trades, not a cost): $51.5M
- Portfolio turnover (prospectus): 77%
- Securities on loan, average value: $43.6M
- Net income from securities lending: $77K (0.025% of average net assets)
RFG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INVESCO CAPITAL MARKETS, INC. | $38K | 80.43% |
| MORGAN STANLEY & CO. LLC | $3K | 6.70% |
| GOLDMAN, SACHS & CO. | $2K | 3.59% |
| WELLS FARGO SECURITIES, LLC | $911 | 1.93% |
| CITIGROUP GLOBAL MARKETS INC. | $796 | 1.68% |
| MIZUHO SECURITIES USA LLC | $782 | 1.65% |
| TD Securities (USA) LLC | $756 | 1.60% |
| UBS SECURITIES LLC | $477 | 1.01% |
| MACQUARIE CAPITAL (USA) INC. | $412 | 0.87% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $254 | 0.54% |
RFG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $15.5M | 30.11% |
| CITADEL SECURITIES LLC | $15.2M | 29.61% |
| BNY MELLON CAPITAL MARKETS, LLC | $7.8M | 15.15% |
| JANE STREET CAPITAL, LLC | $5.3M | 10.32% |
| VIRTU AMERICAS LLC | $4.0M | 7.80% |
| GOLDMAN, SACHS & CO. | $2.5M | 4.80% |
| ABN AMRO Clearing USA LLC | $1.1M | 2.21% |
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.