C000087835 Fees and Costs — Variable Portfolio - Partners International Value Fund, Class 2
Data updated: 2026-08-28
The net expense ratio is 1.05%: a 0.82% management fee, a 0.25% 12b-1 fee plus 0.03% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $446K in broker commissions, 0.0321% of average net assets, and portfolio turnover was 18%.
C000087835 Fees and Expenses
Annual operating expenses and sales charges of C000087835. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.82% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.03% |
| Gross expense ratio | 1.10% |
| Fee waiver | −0.05% |
| 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 |
C000087835 Costs Over Time
On $10,000 invested in C000087835, assuming 5% a year before costs, total costs come to $676 over 5 years, cutting the return by 1.14% 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) | $3 | $11 | $18 |
| Lost growth on money paid in costs | $0 | $18 | $62 |
| Total costs | $114 | $372 | $676 |
| Value after costs | $10,386 | $11,205 | $12,087 |
| Impact on return, per year | 1.14% | 1.14% | 1.14% |
C000087835 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): 0.0321%
- Total broker commissions: $446K
- Bought from dealers (principal trades, not a cost): $44.2M
- Portfolio turnover (prospectus): 18%
- Securities lending: none during the year
C000087835 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Tourmaline Partners, LLC | $52K | 18.69% |
| Sanford C. Bernstein & Co., LLC | $34K | 12.08% |
| SMBC Nikko Securities America, Inc. | $29K | 10.26% |
| Morgan Stanley & Co. LLC | $27K | 9.71% |
| Goldman Sachs & Co. LLC | $26K | 9.32% |
| Citigroup Global Markets Inc. | $26K | 9.23% |
| Nomura Securities International, Inc. | $25K | 8.90% |
| UBS Securities LLC | $22K | 7.88% |
| J.P. Morgan Securities LLC | $20K | 7.08% |
| SG Americas Securities, LLC | $19K | 6.86% |
C000087835 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $44.0M | 99.54% |
| RBC Capital Markets, LLC | $204K | 0.46% |
Variable Portfolio - Partners International Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000087834 | Class 1 | 0.80% | — |
| C000087835 | Class 2 | 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.