USHG Fees and Costs — AGFIQ Dynamic Hedged U.S. Equity ETF
Data updated: 2021-02-23
The net expense ratio is 0.82% (6.47% before fee waivers). There are no sales loads or redemption fees. In fiscal 2020 the fund paid $872 in broker commissions, 0.0328% of average net assets, and portfolio turnover was 31%.
USHG Fees and Expenses
Annual operating expenses and sales charges of USHG. Prospectus, as of June 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 5.59% |
| Gross expense ratio | 6.47% |
| Fee waiver | −5.65% |
| Net expense ratio | 0.82% |
| 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 |
USHG Costs Over Time
On $10,000 invested in USHG, assuming 5% a year before costs, total costs come to $535 over 5 years, cutting the return by 0.90% 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 0.82%) | $86 | $269 | $467 |
| Trading costs (broker commissions) | $3 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $90 | $294 | $535 |
| Value after costs | $10,410 | $11,283 | $12,228 |
| Impact on return, per year | 0.90% | 0.90% | 0.90% |
USHG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0328%
- Total broker commissions: $872
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 31%
- Securities lending: none during the year
USHG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $772 | 88.53% |
| Morgan Stanley & Co., LLC | $100 | 11.47% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.