SGDJ Fees and Costs — Sprott Junior Gold Miners ETF
Data updated: 2026-08-20
The net expense ratio is 0.50%: a 0.35% management fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $137K in broker commissions, 0.0669% of average net assets, and portfolio turnover was 76%.
SGDJ Fees and Expenses
Annual operating expenses and sales charges of SGDJ. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| 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 |
SGDJ Costs Over Time
On $10,000 invested in SGDJ, assuming 5% a year before costs, total costs come to $358 over 5 years, cutting the return by 0.60% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $7 | $22 | $38 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $60 | $196 | $358 |
| Value after costs | $10,440 | $11,380 | $12,405 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
SGDJ 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): 0.0669%
- Total broker commissions: $137K
- Bought from dealers (principal trades, not a cost): $142.7M
- Portfolio turnover (prospectus): 76%
- Securities on loan, average value: $275.9M
- Net income from securities lending: $61K (0.030% of average net assets)
SGDJ Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MIZUHO SECURITIES USA LLC | $59K | 42.76% |
| MERRILL LYNCH PROFESSIONAL CLEARING CORP. | $48K | 34.90% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $18K | 13.42% |
| BTIG, LLC | $10K | 7.55% |
| MISCHLER FINANCIAL GROUP, INC. | $2K | 1.36% |
SGDJ Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN DISTRIBUTION SERVICES, INC. | $34.3M | 38.04% |
| UBS SECURITIES LLC | $28.1M | 31.17% |
| JANE STREET CAPITAL, LLC | $13.6M | 15.11% |
| GOLDMAN SACHS & CO. LLC | $11.9M | 13.20% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $2.2M | 2.49% |
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.