v3.26.3
Fees and Expenses - FMI Global Equity ETF
Oct. 30, 2026
Prospectus [Line Items]  
Expense Heading [Optional Text] Fees and Expenses of the Fund:
Expense Narrative [Text Block]

The following table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the table and Example below.

 

Other Expenses, New Fund, Based on Estimates [Text] “Other Expenses” are estimated for the current fiscal year. Actual expenses may differ from estimates.
Operating Expenses Caption [Optional Text] Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses [Table]
       

Annual Fund Operating Expenses 

(expenses that you pay each year as a percentage of the value of your investment) 

  Management Fees (1)   0.60%
  Other Expenses (2)   0.00%
  Total Annual Fund Operating Expenses   0.60%
  Fee Waivers and/or Expense Reimbursement (3)   -0.05%
  Net Annual Fund Operating Expenses   0.55%
       
       

1The Fund’s investment adviser is paid an annual unitary management fee by the Fund equal to 0.60% of the Fund’s average daily net assets and is responsible for paying all of the Fund’s expenses except for the following excluded expenses: advisory and sub-advisory fees, costs of holding shareholder meetings, interest charges on any borrowings made for investment purposes, dividends and other expenses on securities sold short, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of securities and other investment instruments, acquired fund fees and expenses, accrued deferred tax liability, distribution fees and expenses paid by the Fund under any distribution plan adopted pursuant to Rule 12b-1 under the Investment Company Act of 1940, legal fees and expenses relating to arbitration or litigation, and other non-routine or extraordinary expenses.

 

2“Other Expenses” are estimated for the current fiscal year. Actual expenses may differ from estimates.

 

3The Fund’s investment adviser has agreed to limit the Fund’s total annual operating expenses to 0.55% of the Fund’s average daily net assets through at least January 31, 2028. This contractual limitation may only be terminated by the Fund’s Board of Directors.

 

Expense Example [Heading] Example
Expense Example Narrative [Text Block]

This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:

 

Expense Example, With Redemption [Table]
1 Year 3 Years
$56 $187

 

Portfolio Turnover [Heading] Portfolio Turnover
Portfolio Turnover [Text Block]

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. Because the Fund has not yet commenced operations as of the date of the Prospectus, there is no portfolio turnover information quoted for the Fund.