VIRS Fees and Costs — Pacer BioThreat Strategy ETF
Data updated: 2024-09-27
The net expense ratio is 0.70%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $73 in broker commissions, 0.0020% of average net assets, and portfolio turnover was 13%.
VIRS Fees and Expenses
Annual operating expenses and sales charges of VIRS. Prospectus, as of August 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.70% |
| Fee waiver | — |
| Net expense ratio | 0.70% |
| 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 |
VIRS Costs Over Time
On $10,000 invested in VIRS, assuming 5% a year before costs, total costs come to $442 over 5 years, cutting the return by 0.74% 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 0.70%) | $74 | $230 | $400 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $74 | $242 | $442 |
| Value after costs | $10,426 | $11,334 | $12,321 |
| Impact on return, per year | 0.74% | 0.74% | 0.74% |
VIRS Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0020%
- Total broker commissions: $73
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 13%
- Securities on loan, average value: $607K
- Net income from securities lending: $1K (0.038% of average net assets)
VIRS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MIRAE ASSET SECURITIES (USA) INC. | $61 | 83.56% |
| RBC CAPITAL MARKETS, LLC | $10 | 13.70% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $1 | 1.37% |
| VIRTU AMERICAS LLC | $1 | 1.37% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.