C000021812 Fees and Costs — SA Multi-Managed Mid Cap Growth Portfolio, Class 2
Data updated: 2026-08-28
The net expense ratio is 1.16%: a 0.85% management fee, a 0.15% 12b-1 fee plus 0.16% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $37K in broker commissions, 0.0225% of average net assets, and portfolio turnover was 81%.
C000021812 Fees and Expenses
Annual operating expenses and sales charges of C000021812. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.15% |
| Other expenses | 0.16% |
| Gross expense ratio | 1.16% |
| Fee waiver | — |
| Net expense ratio | 1.16% |
| 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 |
C000021812 Costs Over Time
On $10,000 invested in C000021812, assuming 5% a year before costs, total costs come to $737 over 5 years, cutting the return by 1.24% 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 1.16%) | $122 | $379 | $657 |
| Trading costs (broker commissions) | $2 | $7 | $13 |
| Lost growth on money paid in costs | $0 | $19 | $68 |
| Total costs | $124 | $406 | $737 |
| Value after costs | $10,376 | $11,170 | $12,026 |
| Impact on return, per year | 1.24% | 1.24% | 1.24% |
C000021812 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0225%
- Total broker commissions: $37K
- Bought from dealers (principal trades, not a cost): $249.5M
- Portfolio turnover (prospectus): 81%
- Securities lending: none during the year
C000021812 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $3K | 13.07% |
| BofA Securities, Inc. | $3K | 11.84% |
| UBS Securities LLC | $3K | 11.50% |
| Goldman Sachs & Co. LLC | $3K | 10.11% |
| J.P. Morgan Securities LLC | $3K | 10.01% |
| Wells Fargo Securities, LLC | $2K | 9.29% |
| Virtu Americas LLC | $2K | 9.06% |
| Jefferies LLC | $2K | 8.65% |
| Barclays Capital Inc. | $2K | 8.63% |
| RBC Capital Markets, LLC | $2K | 7.83% |
C000021812 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $44.8M | 18.00% |
| BNP Paribas Securities Corp. | $42.6M | 17.11% |
| BofA Securities, Inc. | $40.9M | 16.45% |
| Deutsche Bank Securities Inc. | $40.4M | 16.22% |
| Natwest Markets Securities Inc. | $40.3M | 16.18% |
| State Street Bank and Trust Company | $33.1M | 13.32% |
| T. Rowe Price Investment Services, Inc. | $5.9M | 2.38% |
| Goldman Sachs & Co. LLC | $304K | 0.12% |
| Morgan Stanley & Co. LLC | $304K | 0.12% |
| Robert W. Baird & Co. Incorporated | $260K | 0.10% |
SA Multi-Managed Mid Cap Growth Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000021811 | Class 1 | 1.01% | — |
| C000021812 | Class 2 | 1.16% | — |
| C000021813 | Class 3 | 1.26% | — |
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.