ZIG Fees and Costs — The Acquirers Fund
Data updated: 2026-09-29
The net expense ratio is 0.75%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $16K in broker commissions, 0.0461% of average net assets, and portfolio turnover was 107%.
ZIG Fees and Expenses
Annual operating expenses and sales charges of ZIG. Prospectus, as of August 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 |
ZIG Costs Over Time
On $10,000 invested in ZIG, assuming 5% a year before costs, total costs come to $500 over 5 years, cutting the return by 0.84% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $84 | $274 | $500 |
| Value after costs | $10,416 | $11,302 | $12,263 |
| Impact on return, per year | 0.84% | 0.84% | 0.84% |
ZIG 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): 0.0461%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 107%
- Securities lending: none during the year
ZIG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $8K | 50.16% |
| GOLDMAN SACHS & CO. LLC | $7K | 43.81% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $774 | 4.87% |
| ROBERT W. BAIRD & CO. INCORPORATED | $186 | 1.17% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.