C000087797 Fees and Costs — Variable Portfolio - Columbia Wanger International Equities Fund, Class 2
Data updated: 2020-05-28
The net expense ratio is 1.33%: a 0.97% management fee, a 0.25% 12b-1 fee plus 0.22% other expenses, less a 0.11% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $124K in broker commissions, 0.1040% of average net assets, and portfolio turnover was 56%.
C000087797 Fees and Expenses
Annual operating expenses and sales charges of C000087797. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.97% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.22% |
| Gross expense ratio | 1.44% |
| Fee waiver | −0.11% |
| Net expense ratio | 1.33% |
| 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 |
C000087797 Costs Over Time
On $10,000 invested in C000087797, assuming 5% a year before costs, total costs come to $889 over 5 years, cutting the return by 1.51% 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 1.33%) | $140 | $434 | $749 |
| Trading costs (broker commissions) | $11 | $34 | $59 |
| Lost growth on money paid in costs | $0 | $23 | $82 |
| Total costs | $151 | $491 | $889 |
| Value after costs | $10,349 | $11,085 | $11,874 |
| Impact on return, per year | 1.51% | 1.51% | 1.51% |
C000087797 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.1040%
- Total broker commissions: $124K
- Bought from dealers (principal trades, not a cost): $621K
- Portfolio turnover (prospectus): 56%
- Securities lending: none during the year
C000087797 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SG Americas Securities LLC | $13K | 20.05% |
| Jeffries | $12K | 17.51% |
| BNP Paribas | $12K | 17.44% |
| Goldman Sachs | $7K | 10.53% |
| Credit Suisse | $4K | 6.53% |
| Macquarie | $4K | 6.42% |
| ITG Inc | $4K | 6.12% |
| UBS | $4K | 5.85% |
| Sanford C. Bernstein & Co LLC | $3K | 4.93% |
| Instinet LLC | $3K | 4.62% |
C000087797 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley | $294K | 47.39% |
| Numis Securities Inc. | $249K | 40.07% |
| Daiwa Capital Markets America Inc | $53K | 8.60% |
| UBS | $24K | 3.94% |
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.