C000020929 Fees and Costs — Diversified International Account, Class 1
Data updated: 2026-08-25
The net expense ratio is 0.86%: a 0.81% management fee plus 0.05% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $182K in broker commissions, 0.0677% of average net assets, and portfolio turnover was 34%.
C000020929 Fees and Expenses
Annual operating expenses and sales charges of C000020929. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.81% |
| 12b-1 fee | — |
| Other expenses | 0.05% |
| Gross expense ratio | 0.86% |
| Fee waiver | — |
| Net expense ratio | 0.86% |
| 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 |
C000020929 Costs Over Time
On $10,000 invested in C000020929, assuming 5% a year before costs, total costs come to $581 over 5 years, cutting the return by 0.97% 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 0.86%) | $90 | $282 | $489 |
| Trading costs (broker commissions) | $7 | $22 | $39 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $97 | $319 | $581 |
| Value after costs | $10,403 | $11,257 | $12,182 |
| Impact on return, per year | 0.97% | 0.97% | 0.97% |
C000020929 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0677%
- Total broker commissions: $182K
- Bought from dealers (principal trades, not a cost): $82K
- Portfolio turnover (prospectus): 34%
- Securities on loan, average value: $1.6M
- Net income from securities lending: $5K (0.002% of average net assets)
C000020929 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $21K | 16.46% |
| GOLDMAN SACHS CO. | $19K | 14.52% |
| J.P. MORGAN SECURITIES LLC | $17K | 12.94% |
| BARCLAYS CAPITAL INC. | $17K | 12.90% |
| JEFFERIES & COMPANY | $11K | 8.41% |
| NOMURA SECURITIES INT'L INC. | $10K | 8.01% |
| BANK OF AMERICA | $10K | 7.65% |
| CITIGROUP GLOBAL MARKETS | $10K | 7.56% |
| MORGAN STANLEY & CO. LLC. | $10K | 7.36% |
| RBC DOMINION SECURITIES CORP. | $5K | 4.19% |
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.