VNIE Fees and Costs — Vontobel International Equity Active ETF
Data updated: 2026-08-31
The net expense ratio is 0.60%: a 0.60% management fee plus 2.51% other expenses, less a 2.51% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $6K in broker commissions, 0.0632% of average net assets, and portfolio turnover was 107%.
VNIE Fees and Expenses
Annual operating expenses and sales charges of VNIE. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | — |
| Other expenses | 2.51% |
| Gross expense ratio | 3.11% |
| Fee waiver | −2.51% |
| Net expense ratio | 0.60% |
| 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 | No |
VNIE Costs Over Time
On $10,000 invested in VNIE, assuming 5% a year before costs, total costs come to $418 over 5 years, cutting the return by 0.70% 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 0.60%) | $63 | $197 | $343 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $70 | $229 | $418 |
| Value after costs | $10,430 | $11,347 | $12,345 |
| Impact on return, per year | 0.70% | 0.70% | 0.70% |
VNIE 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): 0.0632%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 107%
- Securities lending: none during the year
VNIE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CREDIT LYONNAIS SECURITIES (USA) INC | $5K | 81.31% |
| CITIC SECURITIES BROKERAGE (HK) LIMITED | $790 | 13.73% |
| CITIGROUP | $231 | 4.02% |
| SANFORD C. BERNSTEIN & CO., LLC | $28 | 0.49% |
| XP SECURITIES | $13 | 0.23% |
| CITICORP SECURITY SERVICES INC. | $13 | 0.23% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.