UGCE Fees and Costs — Uncommon Portfolio Design Core Equity ETF
Data updated: 2022-08-26
The net expense ratio is 0.65%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $450 in broker commissions, 0.0022% of average net assets, and portfolio turnover was 17%.
UGCE Fees and Expenses
Annual operating expenses and sales charges of UGCE. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| 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 |
UGCE Costs Over Time
On $10,000 invested in UGCE, assuming 5% a year before costs, total costs come to $411 over 5 years, cutting the return by 0.68% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $68 | $225 | $411 |
| Value after costs | $10,432 | $11,351 | $12,352 |
| Impact on return, per year | 0.68% | 0.68% | 0.68% |
UGCE Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0022%
- Total broker commissions: $450
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 17%
- Securities lending: none during the year
UGCE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Financial | $286 | 63.50% |
| Virtus Investment Partners | $164 | 36.50% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.