TIIV Fees and Costs — AAM Todd International Intrinsic Value ETF
Data updated: 2026-09-29
The net expense ratio is 0.54%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2K in broker commissions, 0.0081% of average net assets, and portfolio turnover was 7%.
TIIV Fees and Expenses
Annual operating expenses and sales charges of TIIV. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.54% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.54% |
| Fee waiver | — |
| Net expense ratio | 0.54% |
| 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 |
TIIV Costs Over Time
On $10,000 invested in TIIV, assuming 5% a year before costs, total costs come to $346 over 5 years, cutting the return by 0.58% 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 0.54%) | $57 | $178 | $310 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $58 | $189 | $346 |
| Value after costs | $10,442 | $11,387 | $12,417 |
| Impact on return, per year | 0.58% | 0.58% | 0.58% |
TIIV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0081%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 7%
- Securities on loan, average value: $51K
- Net income from securities lending: $108 (0.001% of average net assets)
TIIV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $969 | 57.51% |
| JANE STREET EXECUTION SERVICES, LLC | $716 | 42.49% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.