SOIL Fees and Costs — Global X Fertilizers/Potash ETF
Data updated: 2020-09-28
The net expense ratio is 0.70%: a 0.69% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $2K in broker commissions, 0.0200% of average net assets, and portfolio turnover was 17%.
SOIL Fees and Expenses
Annual operating expenses and sales charges of SOIL. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.70% |
| Fee waiver | — |
| Net expense ratio | 0.70% |
| 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 |
SOIL Costs Over Time
On $10,000 invested in SOIL, assuming 5% a year before costs, total costs come to $453 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 0.70%) | $74 | $230 | $400 |
| Trading costs (broker commissions) | $2 | $7 | $11 |
| Lost growth on money paid in costs | $0 | $12 | $41 |
| Total costs | $76 | $248 | $453 |
| Value after costs | $10,424 | $11,328 | $12,310 |
| Impact on return, per year | 0.76% | 0.76% | 0.76% |
SOIL 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): 0.0200%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 17%
- Securities on loan, average value: $4K
- Net income from securities lending: $146 (0.001% of average net assets)
SOIL Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS | $2K | 85.42% |
| BANK OF AMERICA | $209 | 9.21% |
| CREDIT SUISSE - FIRST BOSTON | $51 | 2.26% |
| BTIG LLC | $36 | 1.59% |
| JP MORGAN | $24 | 1.08% |
| MERRILL LYNCH | $10 | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.