SCIU Fees and Costs — Global X Scientific Beta US ETF
Data updated: 2020-09-28
The net expense ratio is 0.19%. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $14K in broker commissions, 0.0142% of average net assets, and portfolio turnover was 45%.
SCIU Fees and Expenses
Annual operating expenses and sales charges of SCIU. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.19% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.19% |
| Fee waiver | — |
| Net expense ratio | 0.19% |
| 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 | Yes |
SCIU Costs Over Time
On $10,000 invested in SCIU, assuming 5% a year before costs, total costs come to $130 over 5 years, cutting the return by 0.21% 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 0.19%) | $20 | $63 | $110 |
| Trading costs (broker commissions) | $1 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $21 | $71 | $130 |
| Value after costs | $10,479 | $11,505 | $12,633 |
| Impact on return, per year | 0.21% | 0.21% | 0.21% |
SCIU Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0142%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 45%
- Securities lending: none during the year
SCIU Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SUSQUEHANNA INVESTMENT GROUP | $13K | 87.54% |
| BTIG LLC | $876 | 6.05% |
| CITIGROUP GLOBAL MARKETS | $494 | 3.41% |
| CANTOR FITZGERALD CO | $369 | 2.55% |
| MERRILL LYNCH | $65 | 0.45% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.