C000022013 Fees and Costs — SA Fidelity Institutional AM Global Equities Portfolio, Class 2
Data updated: 2026-09-28
The net expense ratio is 0.97%: a 0.76% management fee, a 0.15% 12b-1 fee plus 0.09% other expenses, less a 0.03% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $183K in broker commissions, 0.0548% of average net assets, and portfolio turnover was 129%.
C000022013 Fees and Expenses
Annual operating expenses and sales charges of C000022013. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.76% |
| 12b-1 fee | 0.15% |
| Other expenses | 0.09% |
| Gross expense ratio | 1.00% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.97% |
| 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 |
C000022013 Costs Over Time
On $10,000 invested in C000022013, assuming 5% a year before costs, total costs come to $641 over 5 years, cutting the return by 1.08% 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 0.97%) | $102 | $318 | $551 |
| Trading costs (broker commissions) | $6 | $18 | $31 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $108 | $352 | $641 |
| Value after costs | $10,392 | $11,224 | $12,122 |
| Impact on return, per year | 1.08% | 1.08% | 1.08% |
C000022013 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): 0.0548%
- Total broker commissions: $183K
- Bought from dealers (principal trades, not a cost): $812.4M
- Portfolio turnover (prospectus): 129%
- Securities lending: none during the year
C000022013 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Nomura Securities International, Inc. | $36K | 22.54% |
| BofA Securities, Inc. | $32K | 20.10% |
| Goldman Sachs & Co. LLC | $26K | 16.52% |
| Virtu Americas LLC | $13K | 8.40% |
| Jefferies LLC | $11K | 6.75% |
| Morgan Stanley & Co. LLC | $11K | 6.63% |
| J.P. Morgan Securities LLC | $9K | 5.69% |
| Citigroup Global Markets Inc. | $9K | 5.45% |
| UBS Securities LLC | $7K | 4.37% |
| RBC Capital Markets, LLC | $6K | 3.54% |
C000022013 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $810.8M | 99.81% |
| Citadel Securities LLC | $357K | 0.04% |
| Goldman Sachs & Co. LLC | $305K | 0.04% |
| Nomura Securities International, Inc. | $218K | 0.03% |
| BofA Securities, Inc. | $178K | 0.02% |
| RBC Capital Markets, LLC | $118K | 0.01% |
| Morgan Stanley & Co. LLC | $104K | 0.01% |
| Jefferies LLC | $89K | 0.01% |
| UBS Securities LLC | $86K | 0.01% |
| Citigroup Global Markets Inc. | $69K | 0.01% |
SA Fidelity Institutional AM Global Equities Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000022012 | Class 1 | 0.82% | — |
| C000022013 | Class 2 | 0.97% | — |
| C000022014 | Class 3 | 1.07% | — |
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.