ARBVX Fees and Costs — One Choice 2020 Portfolio, Investor Class
Data updated: 2020-10-07
The net expense ratio is 0.77% (0.80% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 18%.
ARBVX Fees and Expenses
Annual operating expenses and sales charges of ARBVX. Prospectus, as of November 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.77% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 0.80% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.77% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
ARBVX Costs Over Time
On $10,000 invested in ARBVX, assuming 5% a year before costs, total costs come to $484 over 5 years, cutting the return by 0.81% 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 0.77%) | $81 | $253 | $440 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $81 | $265 | $484 |
| Value after costs | $10,419 | $11,311 | $12,279 |
| Impact on return, per year | 0.81% | 0.81% | 0.81% |
ARBVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.1B
- Portfolio turnover (prospectus): 18%
- Securities lending: none during the year
ARBVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| NT DIVERSIFIED BOND FUND | $161.3M | 19.93% |
| SUSTAINABLE EQUITY FUND | $157.5M | 19.45% |
| NT EQUITY GROWTH FUND | $116.2M | 14.35% |
| NT LARGE COMPANY VALUE FUND | $71.6M | 8.84% |
| NT GROWTH FUND | $67.8M | 8.37% |
| U.S. GOVERNMENT MONEY MARKET FUND | $65.7M | 8.11% |
| NT CORE EQUITY PLUS FUND | $45.9M | 5.66% |
| GLOBAL BOND FUND | $43.3M | 5.35% |
| NT DISCIPLINED GROWTH FUND | $40.5M | 5.00% |
| NT INTERNATIONAL VALUE FUND | $39.8M | 4.92% |
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.