SAMT Fees and Costs — Strategas Macro Thematic Opportunities ETF
Data updated: 2026-08-28
The net expense ratio is 0.66%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $119K in broker commissions, 0.0611% of average net assets, and portfolio turnover was 200%.
SAMT Fees and Expenses
Annual operating expenses and sales charges of SAMT. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.66% |
| Fee waiver | — |
| Net expense ratio | 0.66% |
| 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 |
SAMT Costs Over Time
On $10,000 invested in SAMT, assuming 5% a year before costs, total costs come to $454 over 5 years, cutting the return by 0.76% 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 0.66%) | $69 | $217 | $377 |
| Trading costs (broker commissions) | $6 | $20 | $35 |
| Lost growth on money paid in costs | $0 | $12 | $41 |
| Total costs | $76 | $249 | $454 |
| Value after costs | $10,424 | $11,328 | $12,309 |
| Impact on return, per year | 0.76% | 0.76% | 0.76% |
SAMT Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0611%
- Total broker commissions: $119K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 200%
- Securities lending: none during the year
SAMT Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU FINANCIAL BD LLC | $111K | 93.45% |
| GOLDMAN, SACHS & CO. | $8K | 6.39% |
| BTIG | $193 | 0.16% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.