WRND Fees and Costs — NYLI Global Equity R&D Leaders ETF
Data updated: 2026-09-25
The net expense ratio is 0.18%: a 0.18% management fee plus 0.01% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $7K in broker commissions, 0.0820% of average net assets, and portfolio turnover was 91%.
WRND Fees and Expenses
Annual operating expenses and sales charges of WRND. Prospectus, as of August 26, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.18% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.19% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.18% |
| 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 |
WRND Costs Over Time
On $10,000 invested in WRND, assuming 5% a year before costs, total costs come to $166 over 5 years, cutting the return by 0.28% 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 0.18%) | $19 | $59 | $104 |
| Trading costs (broker commissions) | $9 | $27 | $47 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $28 | $91 | $166 |
| Value after costs | $10,472 | $11,485 | $12,596 |
| Impact on return, per year | 0.28% | 0.28% | 0.28% |
WRND Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0820%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $8.6M
- Portfolio turnover (prospectus): 91%
- Securities on loan, average value: $54K
- Net income from securities lending: $352 (0.004% of average net assets)
WRND Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET LLC | $6K | 87.83% |
| MISCHLER FINANCIAL GROUP, INC. | $590 | 8.85% |
| CITADEL SECURITIES LLC | $222 | 3.33% |
WRND Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $8.6M | 99.90% |
| JUNIPER NETWORKS, INC. | $9K | 0.10% |
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.