C000043421 Fees and Costs — Morningstar Income and Growth ETF Asset Allocation Portfolio, Class I
Data updated: 2026-08-24
The net expense ratio is 0.59% (0.63% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1K in broker commissions, 0.0024% of average net assets, and portfolio turnover was 12%.
C000043421 Fees and Expenses
Annual operating expenses and sales charges of C000043421. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.12% |
| Gross expense ratio | 0.63% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.59% |
| 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 | Yes |
C000043421 Costs Over Time
On $10,000 invested in C000043421, assuming 5% a year before costs, total costs come to $374 over 5 years, cutting the return by 0.62% 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 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $10 | $34 |
| Total costs | $62 | $205 | $374 |
| Value after costs | $10,438 | $11,372 | $12,389 |
| Impact on return, per year | 0.62% | 0.62% | 0.62% |
C000043421 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): 0.0024%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 12%
- Securities lending: none during the year
C000043421 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| WALLACHBETH CAPITAL LLC | $844 | 68.45% |
| JONESTRADING | $389 | 31.55% |
Morningstar Income and Growth ETF Asset Allocation Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000043421 | Class I | 0.59% | — |
| IETFX | Class II | 0.84% | — |
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.