C000014691 Fees and Costs — NVIT Multi-Manager International Value Fund, Class I
Data updated: 2020-11-17
The net expense ratio is 0.88%: a 0.75% management fee plus 0.37% other expenses, less a 0.24% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $589K in broker commissions, 0.0754% of average net assets, and portfolio turnover was 26%.
C000014691 Fees and Expenses
Annual operating expenses and sales charges of C000014691. Prospectus, as of June 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.37% |
| Gross expense ratio | 1.12% |
| Fee waiver | −0.24% |
| Net expense ratio | 0.88% |
| 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 |
C000014691 Costs Over Time
On $10,000 invested in C000014691, assuming 5% a year before costs, total costs come to $598 over 5 years, cutting the return by 1.00% 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 0.88%) | $92 | $288 | $500 |
| Trading costs (broker commissions) | $8 | $25 | $43 |
| Lost growth on money paid in costs | $0 | $15 | $55 |
| Total costs | $100 | $329 | $598 |
| Value after costs | $10,400 | $11,248 | $12,165 |
| Impact on return, per year | 1.00% | 1.00% | 1.00% |
C000014691 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0754%
- Total broker commissions: $589K
- Bought from dealers (principal trades, not a cost): $66K
- Portfolio turnover (prospectus): 26%
- Securities on loan, average value: $24.5M
- Net income from securities lending: $275K (0.035% of average net assets)
C000014691 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Kepler Capital Markets, Inc. | $89K | 19.43% |
| Instinet, LLC | $89K | 19.39% |
| J.P. Morgan Securities LLC | $50K | 10.85% |
| Jefferies LLC | $42K | 9.12% |
| Societe Generale | $41K | 8.91% |
| Virtu Financial BD LLC | $39K | 8.52% |
| Liquidnet, Inc. | $34K | 7.36% |
| Citigroup Global Markets Inc. | $32K | 6.96% |
| Capital Institutional Services, Inc. | $24K | 5.12% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $20K | 4.32% |
C000014691 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $64K | 97.11% |
| Goldman Sachs & Co. LLC | $2K | 2.89% |
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.