C000021853 Fees and Costs — SA Franklin Allocation Moderately Aggressive Portfolio, Class 2
Data updated: 2026-08-28
The net expense ratio is 1.08%: a 0.85% management fee, a 0.15% 12b-1 fee plus 0.26% other expenses, less a 0.18% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $91K in broker commissions, 0.0435% of average net assets, and portfolio turnover was 51%.
C000021853 Fees and Expenses
Annual operating expenses and sales charges of C000021853. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.15% |
| Other expenses | 0.26% |
| Gross expense ratio | 1.26% |
| Fee waiver | −0.18% |
| Net expense ratio | 1.08% |
| 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 |
C000021853 Costs Over Time
On $10,000 invested in C000021853, assuming 5% a year before costs, total costs come to $701 over 5 years, cutting the return by 1.18% 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 1.08%) | $113 | $353 | $612 |
| Trading costs (broker commissions) | $5 | $14 | $25 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $118 | $386 | $701 |
| Value after costs | $10,382 | $11,190 | $12,062 |
| Impact on return, per year | 1.18% | 1.18% | 1.18% |
C000021853 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): 0.0435%
- Total broker commissions: $91K
- Bought from dealers (principal trades, not a cost): $1.9B
- Portfolio turnover (prospectus): 51%
- Securities lending: none during the year
C000021853 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $19K | 22.23% |
| Morgan Stanley & Co. LLC | $12K | 13.95% |
| BofA Securities, Inc. | $10K | 12.11% |
| J.P. Morgan Securities LLC | $9K | 11.01% |
| Barclays Capital Inc. | $9K | 10.90% |
| Citigroup Global Markets Inc. | $9K | 10.81% |
| UBS Securities LLC | $7K | 8.70% |
| Nomura Securities International, Inc. | $5K | 5.91% |
| SG Americas Securities, LLC | $2K | 2.77% |
| TD Securities (USA) LLC | $1K | 1.60% |
C000021853 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $1.0B | 54.41% |
| UBS Securities LLC | $855.7M | 45.05% |
| J.P. Morgan Securities LLC | $2.8M | 0.15% |
| Goldman Sachs & Co. LLC | $2.1M | 0.11% |
| Morgan Stanley & Co. LLC | $1.7M | 0.09% |
| Barclays Capital Inc. | $939K | 0.05% |
| Jane Street Execution Services, LLC | $767K | 0.04% |
| BNY Capital Markets, LLC | $693K | 0.04% |
| Citigroup Global Markets Inc. | $684K | 0.04% |
| Wells Fargo Securities, LLC | $658K | 0.03% |
SA Franklin Allocation Moderately Aggressive Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000021852 | Class 1 | 0.93% | — |
| C000021853 | Class 2 | 1.08% | — |
| C000021854 | Class 3 | 1.18% | — |
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.