C000048795 Fees and Costs — VIP FundsManager 85% Portfolio, Investor Class
Data updated: 2026-08-24
The net expense ratio is 0.68% (0.73% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $44K in broker commissions, 0.0042% of average net assets, and portfolio turnover was 28%.
C000048795 Fees and Expenses
Annual operating expenses and sales charges of C000048795. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.73% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.68% |
| 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 |
C000048795 Costs Over Time
On $10,000 invested in C000048795, assuming 5% a year before costs, total costs come to $431 over 5 years, cutting the return by 0.72% 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 0.68%) | $71 | $224 | $389 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $72 | $236 | $431 |
| Value after costs | $10,428 | $11,340 | $12,332 |
| Impact on return, per year | 0.72% | 0.72% | 0.72% |
C000048795 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): 0.0042%
- Total broker commissions: $44K
- Bought from dealers (principal trades, not a cost): $6.4M
- Portfolio turnover (prospectus): 28%
- Securities lending: none during the year
C000048795 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $18K | 41.33% |
| JANE STREET GROUP LLC | $8K | 17.63% |
| BANK OF AMERICA CORPORATION | $6K | 14.10% |
| MORGAN STANLEY | $4K | 9.17% |
| FLOW TRADERS LTD | $2K | 4.70% |
| JPMORGAN CHASE and CO | $2K | 4.17% |
| VIRTU FINANCIAL INC | $1K | 2.97% |
| UBS GROUP AG | $964 | 2.20% |
| BARCLAYS PLC | $944 | 2.16% |
| CITIGROUP INC | $684 | 1.56% |
C000048795 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BANK OF MONTREAL QUE | $1.9M | 29.17% |
| NOMURA HOLDINGS INC | $1.2M | 19.45% |
| MORGAN STANLEY | $1.1M | 17.43% |
| JEFFERIES FINANCIAL GROUP INC | $1.1M | 17.28% |
| WELLS FARGO and CO | $901K | 14.04% |
| DEUTSCHE BANK AG | $148K | 2.31% |
| BARCLAYS PLC | $20K | 0.31% |
VIP FundsManager 85% Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000048795 | Investor Class | 0.68% | — |
| C000048796 | Service Class | 0.68% | — |
| C000048797 | Service Class 2 | 0.83% | — |
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.