C000022006 Fees and Costs — SA Columbia Technology Portfolio, Class 3
Data updated: 2021-12-29
The net expense ratio is 1.37%: a 1.00% management fee, a 0.25% 12b-1 fee plus 0.12% other expenses. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $66K in broker commissions, 0.0582% of average net assets, and portfolio turnover was 50%.
C000022006 Fees and Expenses
Annual operating expenses and sales charges of C000022006. Prospectus, as of April 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.12% |
| Gross expense ratio | 1.37% |
| Fee waiver | — |
| Net expense ratio | 1.37% |
| 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 |
C000022006 Costs Over Time
On $10,000 invested in C000022006, assuming 5% a year before costs, total costs come to $886 over 5 years, cutting the return by 1.50% 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 1.37%) | $144 | $447 | $771 |
| Trading costs (broker commissions) | $6 | $19 | $33 |
| Lost growth on money paid in costs | $0 | $23 | $82 |
| Total costs | $150 | $489 | $886 |
| Value after costs | $10,350 | $11,087 | $11,877 |
| Impact on return, per year | 1.50% | 1.50% | 1.50% |
C000022006 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): 0.0582%
- Total broker commissions: $66K
- Bought from dealers (principal trades, not a cost): $613.5M
- Portfolio turnover (prospectus): 50%
- Securities lending: none during the year
C000022006 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Piper Sandler & Co. | $23K | 40.13% |
| Credit Suisse Securities (USA) LLC | $9K | 15.10% |
| UBS Securities LLC | $7K | 12.09% |
| RBC Capital Markets, LLC | $5K | 9.07% |
| Morgan Stanley & Co. LLC | $4K | 6.34% |
| Liquidnet, Inc. | $3K | 4.66% |
| Wells Fargo Securities, LLC | $2K | 3.76% |
| Cantor Fitzgerald & Co. | $2K | 3.52% |
| Goldman Sachs & Co. LLC | $2K | 2.70% |
| J.P. Morgan Securities LLC | $2K | 2.63% |
C000022006 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $607.6M | 99.04% |
| Goldman Sachs & Co. LLC | $2.0M | 0.32% |
| J.P. Morgan Securities LLC | $1.0M | 0.17% |
| Morgan Stanley & Co. LLC | $952K | 0.16% |
| Credit Suisse Securities (USA) LLC | $929K | 0.15% |
| Citigroup Global Markets Inc. | $543K | 0.09% |
| Barclays Capital Inc. | $376K | 0.06% |
| Jefferies LLC | $70K | 0.01% |
| Truist Securities, Inc. | $279 | 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.