SEIM Fees and Costs — SEI Enhanced U.S. Large Cap Momentum Factor ETF
Data updated: 2026-08-28
The net expense ratio is 0.15%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $103K in broker commissions, 0.0118% of average net assets, and portfolio turnover was 81%.
SEIM Fees and Expenses
Annual operating expenses and sales charges of SEIM. Prospectus, as of July 29, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.15% |
| Fee waiver | — |
| Net expense ratio | 0.15% |
| 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 |
SEIM Costs Over Time
On $10,000 invested in SEIM, assuming 5% a year before costs, total costs come to $103 over 5 years, cutting the return by 0.17% 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 0.15%) | $16 | $50 | $87 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $3 | $9 |
| Total costs | $17 | $56 | $103 |
| Value after costs | $10,483 | $11,520 | $12,660 |
| Impact on return, per year | 0.17% | 0.17% | 0.17% |
SEIM Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0118%
- Total broker commissions: $103K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 81%
- Securities lending: none during the year
SEIM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J P MORGAN CHASE BANK | $50K | 48.98% |
| ITG | $32K | 31.49% |
| MACQUARIE EQUITIES (USA) INC. | $12K | 11.62% |
| JANE STREET EXECUTION SERVICES | $8K | 7.88% |
| BTIG | $26 | 0.03% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.