C000078092 Fees and Costs — Technology Portfolio, Class I
Data updated: 2026-08-11
The net expense ratio is 1.05%: a 0.90% management fee, a 0.20% 12b-1 fee plus 0.06% other expenses, less a 0.11% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $39K in broker commissions, 0.0092% of average net assets, and portfolio turnover was 52%.
C000078092 Fees and Expenses
Annual operating expenses and sales charges of C000078092. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.20% |
| Other expenses | 0.06% |
| Gross expense ratio | 1.16% |
| Fee waiver | −0.11% |
| Net expense ratio | 1.05% |
| 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 |
C000078092 Costs Over Time
On $10,000 invested in C000078092, assuming 5% a year before costs, total costs come to $662 over 5 years, cutting the return by 1.11% 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 1.05%) | $110 | $344 | $596 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $111 | $364 | $662 |
| Value after costs | $10,389 | $11,212 | $12,101 |
| Impact on return, per year | 1.11% | 1.11% | 1.11% |
C000078092 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): 0.0092%
- Total broker commissions: $39K
- Bought from dealers (principal trades, not a cost): $334K
- Portfolio turnover (prospectus): 52%
- Securities on loan, average value: $1.8M
- Net income from securities lending: $9K (0.002% of average net assets)
C000078092 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| National Financial Services LLC | $9K | 24.85% |
| Goldman Sachs & Co. LLC | $6K | 17.89% |
| Morgan Stanley & Co. LLC | $5K | 13.73% |
| BofA Securities, Inc. | $4K | 11.01% |
| Citigroup Global Markets Inc. | $3K | 8.87% |
| J.P. Morgan Securities LLC | $3K | 8.69% |
| UBS Securities LLC | $2K | 5.38% |
| Barclays Capital Inc. | $1K | 4.09% |
| RBC Capital Markets, LLC | $1K | 3.16% |
| Jefferies LLC | $826 | 2.33% |
C000078092 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $153K | 45.69% |
| J.P. Morgan Securities LLC | $152K | 45.45% |
| Jefferies LLC | $30K | 8.85% |
Technology Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000098963 | Class P | 0.85% | — |
| C000078092 | Class I | 1.05% | — |
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.