TLCI Fees and Costs — Touchstone International Equity ETF
Data updated: 2026-08-26
The net expense ratio is 0.37%: a 0.63% management fee plus 0.38% other expenses, less a 0.64% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $11K in broker commissions, 0.0186% of average net assets, and portfolio turnover was 13%.
TLCI Fees and Expenses
Annual operating expenses and sales charges of TLCI. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.63% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.38% |
| Gross expense ratio | 1.01% |
| Fee waiver | −0.64% |
| Net expense ratio | 0.37% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
TLCI Costs Over Time
On $10,000 invested in TLCI, assuming 5% a year before costs, total costs come to $246 over 5 years, cutting the return by 0.41% 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 0.37%) | $39 | $122 | $213 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $6 | $22 |
| Total costs | $41 | $134 | $246 |
| Value after costs | $10,459 | $11,442 | $12,517 |
| Impact on return, per year | 0.41% | 0.41% | 0.41% |
TLCI 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): 0.0186%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 13%
- Securities on loan, average value: $205K
- Net income from securities lending: $393 (0.001% of average net assets)
TLCI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA Securities, Inc. | $4K | 41.97% |
| Tourmaline Partners, LLC | $4K | 36.80% |
| Mischler Financial Group, Inc. | $2K | 15.61% |
| Jefferies LLC | $434 | 4.07% |
| Pershing LLC | $92 | 0.87% |
| Goldman Sachs & Co. LLC | $73 | 0.69% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.