SFGV Fees and Costs — Sequoia Global Value ETF
Data updated: 2026-07-28
The net expense ratio is 0.33% (0.38% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $139K in broker commissions, 0.0142% of average net assets, and portfolio turnover was 46%.
SFGV Fees and Expenses
Annual operating expenses and sales charges of SFGV. Prospectus, as of April 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.33% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.38% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.33% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
SFGV Costs Over Time
On $10,000 invested in SFGV, assuming 5% a year before costs, total costs come to $218 over 5 years, cutting the return by 0.36% 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 0.33%) | $35 | $109 | $190 |
| Trading costs (broker commissions) | $1 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $6 | $20 |
| Total costs | $36 | $119 | $218 |
| Value after costs | $10,464 | $11,457 | $12,545 |
| Impact on return, per year | 0.36% | 0.36% | 0.36% |
SFGV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0142%
- Total broker commissions: $139K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 46%
- Securities on loan, average value: $43.9M
- Net income from securities lending: $99K (0.010% of average net assets)
SFGV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC CAPITAL MARKETS, LLC | $139K | 99.45% |
| MISCHLER FINANCIAL GROUP, INC. | $769 | 0.55% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.