C000038531 Fees and Costs — SAM Strategic Growth Portfolio, Class 2
Data updated: 2026-08-25
The net expense ratio is 1.00%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $210K in broker commissions, 0.0451% of average net assets, and portfolio turnover was 50%.
C000038531 Fees and Expenses
Annual operating expenses and sales charges of C000038531. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.23% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.01% |
| Gross expense ratio | 1.00% |
| Fee waiver | — |
| Net expense ratio | 1.00% |
| 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 |
C000038531 Costs Over Time
On $10,000 invested in C000038531, assuming 5% a year before costs, total costs come to $653 over 5 years, cutting the return by 1.10% 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 1.00%) | $105 | $327 | $568 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $110 | $359 | $653 |
| Value after costs | $10,390 | $11,217 | $12,110 |
| Impact on return, per year | 1.10% | 1.10% | 1.10% |
C000038531 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0451%
- Total broker commissions: $210K
- Bought from dealers (principal trades, not a cost): $349.4M
- Portfolio turnover (prospectus): 50%
- Securities lending: none during the year
C000038531 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU FINANCIAL LLC | $203K | 96.35% |
| JANE STREET CAPITAL | $5K | 2.29% |
| GTS FINANCIAL LLC | $2K | 0.96% |
| CIBC WORLD MARKETS CORP | $860 | 0.41% |
C000038531 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| VIRTU FINANCIAL LLC | $25.7M | 100.00% |
SAM Strategic 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 |
|---|---|---|---|
| C000038530 | Class 1 | 0.75% | — |
| C000038531 | Class 2 | 1.00% | — |
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.