C000048793 Fees and Costs — VIP FundsManager 70% Portfolio, Service Class
Data updated: 2026-08-24
The net expense ratio is 0.65% (0.80% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $79K in broker commissions, 0.0032% of average net assets, and portfolio turnover was 24%.
C000048793 Fees and Expenses
Annual operating expenses and sales charges of C000048793. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.10% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.80% |
| Fee waiver | −0.15% |
| Net expense ratio | 0.65% |
| 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 |
C000048793 Costs Over Time
On $10,000 invested in C000048793, assuming 5% a year before costs, total costs come to $411 over 5 years, cutting the return by 0.69% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $69 | $225 | $411 |
| Value after costs | $10,431 | $11,351 | $12,351 |
| Impact on return, per year | 0.69% | 0.69% | 0.69% |
C000048793 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): 0.0032%
- Total broker commissions: $79K
- Bought from dealers (principal trades, not a cost): $8.5M
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
C000048793 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $29K | 37.41% |
| JANE STREET GROUP LLC | $18K | 23.43% |
| BANK OF AMERICA CORPORATION | $10K | 13.48% |
| VIRTU FINANCIAL INC | $7K | 8.61% |
| MORGAN STANLEY | $6K | 8.12% |
| JPMORGAN CHASE and CO | $3K | 3.65% |
| UBS GROUP AG | $2K | 2.40% |
| BARCLAYS PLC | $1K | 1.44% |
| FLOW TRADERS LTD | $704 | 0.90% |
| CITADEL SECURITIES GLOBAL HOLDINGS LLC | $438 | 0.56% |
C000048793 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES FINANCIAL GROUP INC | $3.0M | 35.74% |
| WELLS FARGO and CO | $1.5M | 17.98% |
| BANK OF MONTREAL QUE | $1.5M | 17.87% |
| NOMURA HOLDINGS INC | $1.5M | 17.40% |
| MORGAN STANLEY | $722K | 8.47% |
| DEUTSCHE BANK AG | $198K | 2.32% |
| BARCLAYS PLC | $20K | 0.23% |
VIP FundsManager 70% Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000048792 | Investor Class | 0.65% | — |
| C000048793 | Service Class | 0.65% | — |
| C000048794 | Service Class 2 | 0.80% | — |
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.