RILA Fees and Costs — Indexperts Gorilla Aggressive Growth ETF
Data updated: 2026-09-29
The net expense ratio is 0.50%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $8K in broker commissions, 0.0274% of average net assets, and portfolio turnover was 25%.
RILA Fees and Expenses
Annual operating expenses and sales charges of RILA. Prospectus, as of August 17, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| 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 |
RILA Costs Over Time
On $10,000 invested in RILA, assuming 5% a year before costs, total costs come to $333 over 5 years, cutting the return by 0.55% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $0 | $9 | $30 |
| Total costs | $55 | $182 | $333 |
| Value after costs | $10,445 | $11,394 | $12,430 |
| Impact on return, per year | 0.55% | 0.55% | 0.55% |
RILA Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0274%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $80.4M
- Portfolio turnover (prospectus): 25%
- Securities lending: none during the year
RILA Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GTS Securities, LLC | $8K | 100.00% |
RILA Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $39.4M | 49.00% |
| UMB Bank, n.a. | $29.3M | 36.46% |
| Virtu Americas LLC | $11.7M | 14.54% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.