RSHO Fees and Costs — Tema American Reshoring ETF
Data updated: 2026-07-29
The net expense ratio is 0.75% (0.99% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $61K in broker commissions, 0.0351% of average net assets, and portfolio turnover was 52%.
RSHO Fees and Expenses
Annual operating expenses and sales charges of RSHO. Prospectus, as of June 29, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.99% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.99% |
| Fee waiver | −0.24% |
| Net expense ratio | 0.75% |
| 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 |
RSHO Costs Over Time
On $10,000 invested in RSHO, assuming 5% a year before costs, total costs come to $493 over 5 years, cutting the return by 0.82% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $4 | $12 | $20 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $82 | $271 | $493 |
| Value after costs | $10,418 | $11,306 | $12,270 |
| Impact on return, per year | 0.82% | 0.82% | 0.82% |
RSHO 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): 0.0351%
- Total broker commissions: $61K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 52%
- Securities lending: none during the year
RSHO Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MIRAE ASSET SECURITIES (USA) INC. | $31K | 50.53% |
| BERENBERG CAPITAL MARKETS LLC | $19K | 30.43% |
| OLD MISSION MARKETS LLC | $6K | 9.22% |
| ISI FINANCIAL GROUP INC | $3K | 4.32% |
| CITIGROUP GLOBAL MARKETS INC. | $2K | 3.55% |
| CIBC WORLD MARKETS CORP. | $517 | 0.84% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $286 | 0.47% |
| ROBERT W. BAIRD & CO. INCORPORATED | $284 | 0.46% |
| NATIONAL FINANCIAL SERVICES LLC | $106 | 0.17% |
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.