TFPN Fees and Costs — Blueprint Chesapeake Multi-Asset Trend ETF
Data updated: 2026-09-14
The net expense ratio is 1.13%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $94K in broker commissions, 0.0695% of average net assets, and portfolio turnover was 119%.
TFPN Fees and Expenses
Annual operating expenses and sales charges of TFPN. Prospectus, as of July 17, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.99% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.11% |
| Gross expense ratio | 1.13% |
| Fee waiver | — |
| Net expense ratio | 1.13% |
| 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 |
TFPN Costs Over Time
On $10,000 invested in TFPN, assuming 5% a year before costs, total costs come to $747 over 5 years, cutting the return by 1.26% 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 1.13%) | $119 | $369 | $639 |
| Trading costs (broker commissions) | $7 | $23 | $39 |
| Lost growth on money paid in costs | $0 | $19 | $69 |
| Total costs | $126 | $412 | $747 |
| Value after costs | $10,374 | $11,165 | $12,016 |
| Impact on return, per year | 1.26% | 1.26% | 1.26% |
TFPN Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0695%
- Total broker commissions: $94K
- Bought from dealers (principal trades, not a cost): $8.5M
- Portfolio turnover (prospectus): 119%
- Securities lending: none during the year
TFPN Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SNC CAPITAL MANAGEMENT CORP. | $45K | 47.80% |
| ROBERT W. BAIRD & CO. INCORPORATED | $19K | 20.37% |
| INTERACTIVE BROKERS LLC | $14K | 15.29% |
| PERSHING LLC | $9K | 9.45% |
| CITIGROUP GLOBAL MARKETS INC. | $4K | 4.04% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $2K | 2.17% |
| MORGAN STANLEY & CO. LLC | $529 | 0.56% |
| TELSEY ADVISORY GROUP LLC | $196 | 0.21% |
| CRT CAPITAL GROUP LLC | $49 | 0.05% |
| STONEX FINANCIAL INC. | $29 | 0.03% |
TFPN Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| PERSHING LLC | $5.8M | 68.99% |
| STONEX FINANCIAL INC. | $2.6M | 31.01% |
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.