C000048816 Fees and Costs — VIP Asset Manager 70% Portfolio, Initial Class
Data updated: 2026-08-24
The net expense ratio is 0.62% (0.65% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $8K in broker commissions, 0.0024% of average net assets, and portfolio turnover was 22%.
C000048816 Fees and Expenses
Annual operating expenses and sales charges of C000048816. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.59% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.65% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.62% |
| 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 |
C000048816 Costs Over Time
On $10,000 invested in C000048816, assuming 5% a year before costs, total costs come to $392 over 5 years, cutting the return by 0.65% 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 0.62%) | $65 | $204 | $355 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $65 | $215 | $392 |
| Value after costs | $10,435 | $11,361 | $12,371 |
| Impact on return, per year | 0.65% | 0.65% | 0.65% |
C000048816 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: $8K
- Bought from dealers (principal trades, not a cost): $1.3M
- Portfolio turnover (prospectus): 22%
- Securities on loan, average value: $549K
- Net income from securities lending: $2K (0.001% of average net assets)
C000048816 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $3K | 39.41% |
| JANE STREET GROUP LLC | $2K | 26.69% |
| MORGAN STANLEY | $848 | 11.36% |
| BANK OF AMERICA CORPORATION | $507 | 6.80% |
| JPMORGAN CHASE and CO | $452 | 6.06% |
| VIRTU FINANCIAL INC | $292 | 3.92% |
| UBS GROUP AG | $207 | 2.78% |
| BARCLAYS PLC | $128 | 1.72% |
| ROYAL BANK OF CANADA | $61 | 0.81% |
| FLOW TRADERS LTD | $33 | 0.45% |
C000048816 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO and CO | $396K | 29.63% |
| NOMURA HOLDINGS INC | $386K | 28.89% |
| JEFFERIES FINANCIAL GROUP INC | $178K | 13.34% |
| DEUTSCHE BANK AG | $158K | 11.85% |
| MORGAN STANLEY | $158K | 11.85% |
| BANK OF MONTREAL QUE | $59K | 4.44% |
VIP Asset Manager 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 |
|---|---|---|---|
| C000048816 | Initial Class | 0.62% | — |
| C000048813 | Investor Class | 0.69% | — |
| C000048814 | Service Class | 0.72% | — |
| C000048815 | Service Class 2 | 0.86% | — |
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.