C000021960 Fees and Costs — SA JPMorgan Large Cap Core Portfolio, Class 1
Data updated: 2026-09-28
The net expense ratio is 0.69%: a 0.73% management fee plus 0.03% other expenses, less a 0.07% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $55K in broker commissions, 0.0098% of average net assets, and portfolio turnover was 47%.
C000021960 Fees and Expenses
Annual operating expenses and sales charges of C000021960. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.73% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.03% |
| Gross expense ratio | 0.76% |
| Fee waiver | −0.07% |
| Net expense ratio | 0.69% |
| 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 |
C000021960 Costs Over Time
On $10,000 invested in C000021960, assuming 5% a year before costs, total costs come to $440 over 5 years, cutting the return by 0.73% 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 0.69%) | $72 | $227 | $394 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $73 | $241 | $440 |
| Value after costs | $10,427 | $11,335 | $12,322 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
C000021960 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0098%
- Total broker commissions: $55K
- Bought from dealers (principal trades, not a cost): $837.1M
- Portfolio turnover (prospectus): 47%
- Securities lending: none during the year
C000021960 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $9K | 19.21% |
| Barclays Capital Inc. | $7K | 13.75% |
| Citigroup Global Markets Inc. | $7K | 13.48% |
| UBS Securities LLC | $6K | 13.20% |
| Goldman Sachs & Co. LLC | $5K | 10.66% |
| Jefferies LLC | $5K | 10.61% |
| Morgan Stanley & Co. LLC | $3K | 6.13% |
| RBC Capital Markets, LLC | $3K | 5.29% |
| BMO Capital Markets Corp. | $2K | 4.26% |
| Virtu Americas LLC | $2K | 3.41% |
C000021960 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $834.5M | 99.69% |
| Goldman Sachs & Co. LLC | $2.6M | 0.31% |
SA JPMorgan Large Cap Core Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000021960 | Class 1 | 0.69% | — |
| C000021961 | Class 2 | 0.84% | — |
| C000021962 | Class 3 | 0.94% | — |
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.