C000021997 Fees and Costs — SA WellsCap Aggressive Growth Portfolio, Class 3
Data updated: 2021-12-29
The net expense ratio is 1.04%: a 0.72% management fee, a 0.25% 12b-1 fee plus 0.07% other expenses. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $62K in broker commissions, 0.0375% of average net assets, and portfolio turnover was 53%.
C000021997 Fees and Expenses
Annual operating expenses and sales charges of C000021997. Prospectus, as of April 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.72% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.07% |
| Gross expense ratio | 1.04% |
| Fee waiver | — |
| Net expense ratio | 1.04% |
| 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 |
C000021997 Costs Over Time
On $10,000 invested in C000021997, assuming 5% a year before costs, total costs come to $673 over 5 years, cutting the return by 1.13% 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 1.04%) | $109 | $340 | $590 |
| Trading costs (broker commissions) | $4 | $12 | $21 |
| Lost growth on money paid in costs | $0 | $17 | $62 |
| Total costs | $113 | $370 | $673 |
| Value after costs | $10,387 | $11,206 | $12,090 |
| Impact on return, per year | 1.13% | 1.13% | 1.13% |
C000021997 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0375%
- Total broker commissions: $62K
- Bought from dealers (principal trades, not a cost): $547.6M
- Portfolio turnover (prospectus): 53%
- Securities lending: none during the year
C000021997 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $13K | 25.46% |
| Liquidnet, Inc. | $10K | 20.35% |
| BofA Securities, Inc. | $8K | 16.30% |
| RBC Capital Markets, LLC | $4K | 7.38% |
| Capital Institutional Services, Inc. | $4K | 7.08% |
| J.P. Morgan Securities LLC | $3K | 6.65% |
| Jefferies LLC | $3K | 5.30% |
| William Blair & Company, L.L.C. | $2K | 4.82% |
| Evercore Group L.L.C. | $2K | 3.40% |
| Raymond James & Associates, Inc. | $2K | 3.26% |
C000021997 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $545.0M | 99.52% |
| J.P. Morgan Securities LLC | $1.1M | 0.21% |
| Goldman Sachs & Co. LLC | $832K | 0.15% |
| Morgan Stanley & Co. LLC | $438K | 0.08% |
| Citigroup Global Markets Inc. | $238K | 0.04% |
| Barclays Capital Inc. | $1K | 0.00% |
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.