C000091351 Fees and Costs — Transamerica Managed Futures Strategy, Class I2
Data updated: 2020-03-27
The net expense ratio is 1.46%: a 1.38% management fee plus 0.98% other expenses, less a 0.91% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 0%.
C000091351 Fees and Expenses
Annual operating expenses and sales charges of C000091351. Prospectus, as of February 28, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 1.38% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.98% |
| Gross expense ratio | 2.37% |
| Fee waiver | −0.91% |
| Net expense ratio | 1.46% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000091351 Costs Over Time
On $10,000 invested in C000091351, assuming 5% a year before costs, total costs come to $905 over 5 years, cutting the return by 1.53% 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 1.46%) | $153 | $476 | $822 |
| Lost growth on money paid in costs | $0 | $24 | $83 |
| Total costs | $153 | $500 | $905 |
| Value after costs | $10,347 | $11,077 | $11,858 |
| Impact on return, per year | 1.53% | 1.53% | 1.53% |
C000091351 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $638.2M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
C000091351 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $365.9M | 57.54% |
| J.P. Morgan Securities LLC | $80.6M | 12.67% |
| Nomura Securities International, Inc. | $41.7M | 6.56% |
| BofA Securities, Inc. | $37.6M | 5.91% |
| TD Securities (USA) LLC | $33.3M | 5.24% |
| Morgan Stanley & Co. LLC | $32.7M | 5.15% |
| Scotia Capital (USA) Inc. | $27.7M | 4.36% |
| Wells Fargo Securities, LLC | $7.1M | 1.12% |
| The Bank of New York Mellon | $6.2M | 0.98% |
| Citigroup Global Markets Inc. | $2.9M | 0.46% |
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.