C000021993 Fees and Costs — SA JPMorgan Mid-Cap Growth Portfolio, Class 2
Data updated: 2026-09-28
The net expense ratio is 0.92%: a 0.76% management fee, a 0.15% 12b-1 fee plus 0.04% other expenses, less a 0.03% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $156K in broker commissions, 0.0229% of average net assets, and portfolio turnover was 68%.
C000021993 Fees and Expenses
Annual operating expenses and sales charges of C000021993. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.76% |
| 12b-1 fee | 0.15% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.95% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.92% |
| 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 | Yes |
C000021993 Costs Over Time
On $10,000 invested in C000021993, assuming 5% a year before costs, total costs come to $590 over 5 years, cutting the return by 0.99% 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 0.92%) | $97 | $302 | $523 |
| Trading costs (broker commissions) | $2 | $8 | $13 |
| Lost growth on money paid in costs | $0 | $15 | $54 |
| Total costs | $99 | $324 | $590 |
| Value after costs | $10,401 | $11,252 | $12,172 |
| Impact on return, per year | 0.99% | 0.99% | 0.99% |
C000021993 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): 0.0229%
- Total broker commissions: $156K
- Bought from dealers (principal trades, not a cost): $413.9M
- Portfolio turnover (prospectus): 68%
- Securities lending: none during the year
C000021993 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $29K | 23.45% |
| Barclays Capital Inc. | $20K | 16.27% |
| BofA Securities, Inc. | $20K | 16.26% |
| Citigroup Global Markets Inc. | $12K | 9.63% |
| Morgan Stanley & Co. LLC | $11K | 8.61% |
| Piper Sandler & Co. | $8K | 6.69% |
| UBS Securities LLC | $7K | 5.68% |
| Jefferies LLC | $6K | 4.97% |
| RBC Capital Markets, LLC | $6K | 4.50% |
| Virtu Americas LLC | $5K | 3.94% |
C000021993 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $410.2M | 99.10% |
| Jefferies LLC | $1.7M | 0.40% |
| Goldman Sachs & Co. LLC | $1.0M | 0.25% |
| Morgan Stanley & Co. LLC | $1.0M | 0.24% |
SA JPMorgan 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 |
|---|---|---|---|
| C000021992 | Class 1 | 0.77% | — |
| C000021993 | Class 2 | 0.92% | — |
| C000021994 | Class 3 | 1.02% | — |
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.