C000040887 Fees and Costs — Transamerica Multi-Manager Alternative Strategies Portfolio, Class C
Data updated: 2020-06-24
The net expense ratio is 2.90%. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2019 the fund paid $158 in broker commissions, 0.0002% of average net assets, and portfolio turnover was 1%.
C000040887 Fees and Expenses
Annual operating expenses and sales charges of C000040887. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.19% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.36% |
| Gross expense ratio | 2.90% |
| Fee waiver | — |
| Net expense ratio | 2.90% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000040887 Costs Over Time
On $10,000 invested in C000040887, assuming 5% a year before costs, total costs come to $1,746 over 5 years, cutting the return by 3.05% 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 |
| Sales charges | $102 | $0 | $0 |
| Fund expenses (net expense ratio 2.90%) | $304 | $931 | $1,583 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $47 | $163 |
| Total costs | $406 | $978 | $1,746 |
| Value after costs | $10,094 | $10,598 | $11,016 |
| Impact on return, per year | 4.06% | 3.05% | 3.05% |
C000040887 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0002%
- Total broker commissions: $158
- Bought from dealers (principal trades, not a cost): $413.9M
- Portfolio turnover (prospectus): 1%
- Securities lending: none during the year
C000040887 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $100 | 63.26% |
| J.P. Morgan Securities LLC | $58 | 36.74% |
C000040887 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $413.9M | 100.00% |
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.