C000021858 Fees and Costs — SA Multi-Managed Large Cap Growth Portfolio, Class 1
Data updated: 2026-08-28
The net expense ratio is 0.80%: a 0.79% management fee plus 0.08% other expenses, less a 0.07% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $50K in broker commissions, 0.0172% of average net assets, and portfolio turnover was 55%.
C000021858 Fees and Expenses
Annual operating expenses and sales charges of C000021858. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.79% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.08% |
| Gross expense ratio | 0.87% |
| Fee waiver | −0.07% |
| Net expense ratio | 0.80% |
| 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 |
C000021858 Costs Over Time
On $10,000 invested in C000021858, assuming 5% a year before costs, total costs come to $513 over 5 years, cutting the return by 0.86% 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 0.80%) | $84 | $263 | $456 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $86 | $281 | $513 |
| Value after costs | $10,414 | $11,295 | $12,250 |
| Impact on return, per year | 0.86% | 0.86% | 0.86% |
C000021858 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): 0.0172%
- Total broker commissions: $50K
- Bought from dealers (principal trades, not a cost): $127.7M
- Portfolio turnover (prospectus): 55%
- Securities lending: none during the year
C000021858 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $9K | 21.53% |
| J.P. Morgan Securities LLC | $5K | 13.21% |
| Barclays Capital Inc. | $5K | 12.60% |
| Citigroup Global Markets Inc. | $4K | 10.81% |
| BofA Securities, Inc. | $4K | 10.02% |
| Goldman Sachs & Co. LLC | $4K | 8.73% |
| RBC Capital Markets, LLC | $3K | 8.11% |
| Morgan Stanley & Co. LLC | $3K | 7.07% |
| UBS Securities LLC | $2K | 5.09% |
| SG Americas Securities, LLC | $1K | 2.83% |
C000021858 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $125.1M | 97.94% |
| Goldman Sachs & Co. LLC | $2.0M | 1.53% |
| Standard Chartered Securities (North America) LLC | $262K | 0.21% |
| Morgan Stanley & Co. LLC | $195K | 0.15% |
| BNY Capital Markets, LLC | $80K | 0.06% |
| Barclays Capital Inc. | $69K | 0.05% |
| UBS Securities LLC | $39K | 0.03% |
| BNP Paribas Securities Corp. | $19K | 0.02% |
| BofA Securities, Inc. | $5K | 0.00% |
| Citigroup Global Markets Inc. | $4K | 0.00% |
SA Multi-Managed Large 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 |
|---|---|---|---|
| C000021858 | Class 1 | 0.80% | — |
| C000021859 | Class 2 | 0.95% | — |
| C000021860 | Class 3 | 1.05% | — |
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.