C000022002 Fees and Costs — SA Janus Focused Growth Portfolio, Class 2
Data updated: 2026-09-28
The net expense ratio is 0.95%: a 0.85% management fee, a 0.15% 12b-1 fee plus 0.05% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $67K in broker commissions, 0.0138% of average net assets, and portfolio turnover was 38%.
C000022002 Fees and Expenses
Annual operating expenses and sales charges of C000022002. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.15% |
| Other expenses | 0.05% |
| Gross expense ratio | 1.05% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.95% |
| 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 |
C000022002 Costs Over Time
On $10,000 invested in C000022002, assuming 5% a year before costs, total costs come to $603 over 5 years, cutting the return by 1.01% 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 0.95%) | $100 | $311 | $540 |
| Trading costs (broker commissions) | $1 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $332 | $603 |
| Value after costs | $10,399 | $11,245 | $12,160 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
C000022002 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): 0.0138%
- Total broker commissions: $67K
- Bought from dealers (principal trades, not a cost): $1.3B
- Portfolio turnover (prospectus): 38%
- Securities lending: none during the year
C000022002 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $11K | 18.55% |
| BofA Securities, Inc. | $9K | 14.78% |
| Goldman Sachs & Co. LLC | $9K | 14.74% |
| Jefferies LLC | $6K | 9.67% |
| RBC Capital Markets, LLC | $6K | 9.38% |
| J.P. Morgan Securities LLC | $5K | 9.01% |
| Citigroup Global Markets Inc. | $5K | 8.79% |
| UBS Securities LLC | $5K | 7.77% |
| William Blair & Company, L.L.C. | $2K | 3.78% |
| Liquidnet, Inc. | $2K | 3.53% |
C000022002 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $585.9M | 46.69% |
| Citigroup Global Markets Inc. | $213.9M | 17.04% |
| BofA Securities, Inc. | $184.2M | 14.68% |
| Wells Fargo Securities, LLC | $125.8M | 10.02% |
| J.P. Morgan Securities LLC | $92.5M | 7.37% |
| Barclays Capital Inc. | $25.6M | 2.04% |
| RBC Capital Markets, LLC | $20.2M | 1.61% |
| MUFG Securities Americas Inc. | $6.8M | 0.54% |
SA Janus Focused 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 |
|---|---|---|---|
| C000022001 | Class 1 | 0.80% | — |
| C000022002 | Class 2 | 0.95% | — |
| C000022003 | 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.