TOLL Fees and Costs — Tema Durable Quality ETF
Data updated: 2026-07-29
The net expense ratio is 0.55%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $18K in broker commissions, 0.0308% of average net assets, and portfolio turnover was 51%.
TOLL Fees and Expenses
Annual operating expenses and sales charges of TOLL. Prospectus, as of June 29, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.55% |
| Fee waiver | — |
| Net expense ratio | 0.55% |
| 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 |
TOLL Costs Over Time
On $10,000 invested in TOLL, assuming 5% a year before costs, total costs come to $366 over 5 years, cutting the return by 0.61% 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 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $3 | $10 | $18 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $61 | $201 | $366 |
| Value after costs | $10,439 | $11,376 | $12,396 |
| Impact on return, per year | 0.61% | 0.61% | 0.61% |
TOLL Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0308%
- Total broker commissions: $18K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 51%
- Securities lending: none during the year
TOLL Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ISI FINANCIAL GROUP INC | $9K | 51.03% |
| BERENBERG CAPITAL MARKETS LLC | $3K | 16.68% |
| OLD MISSION MARKETS LLC | $3K | 16.64% |
| MIRAE ASSET SECURITIES (USA) INC. | $3K | 15.04% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $79 | 0.43% |
| ROBERT W. BAIRD & CO. INCORPORATED | $31 | 0.17% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.