RSMC Fees and Costs — Rockefeller U.S. Small-Mid Cap ETF
Data updated: 2026-10-13
The net expense ratio is 0.75%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $284K in broker commissions, 0.0386% of average net assets, and portfolio turnover was 86%.
RSMC Fees and Expenses
Annual operating expenses and sales charges of RSMC. Prospectus, as of November 24, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
RSMC Costs Over Time
On $10,000 invested in RSMC, assuming 5% a year before costs, total costs come to $495 over 5 years, cutting the return by 0.83% 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 | $13 | $22 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $83 | $272 | $495 |
| Value after costs | $10,417 | $11,305 | $12,267 |
| Impact on return, per year | 0.83% | 0.83% | 0.83% |
RSMC Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0386%
- Total broker commissions: $284K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 86%
RSMC Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RAYMOND JAMES & ASSOCIATES INC. | $36K | 14.75% |
| SANFORD C. BERNSTEIN & CO. LLC | $36K | 14.46% |
| JEFFERIES LLC | $30K | 11.95% |
| MORGAN STANLEY & CO. LLC | $29K | 11.84% |
| ROBERT W. BAIRD & CO. INCORPORATED | $28K | 11.18% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $24K | 9.89% |
| WILLIAM BLAIR & COMPANY L.L.C. | $22K | 8.95% |
| PIPER SANDLER & CO. | $16K | 6.42% |
| LIQUIDNET INC. | $14K | 5.75% |
| UBS SECURITIES LLC | $12K | 4.80% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.