C000097922 Fees and Costs — TOPS Conservative ETF Portfolio, Class 1
Data updated: 2026-08-24
The net expense ratio is 0.31%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3K in broker commissions, 0.0081% of average net assets, and portfolio turnover was 21%.
C000097922 Fees and Expenses
Annual operating expenses and sales charges of C000097922. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.10% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.13% |
| Gross expense ratio | 0.31% |
| Fee waiver | — |
| Net expense ratio | 0.31% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000097922 Costs Over Time
On $10,000 invested in C000097922, assuming 5% a year before costs, total costs come to $202 over 5 years, cutting the return by 0.33% 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 0.31%) | $33 | $102 | $179 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $5 | $18 |
| Total costs | $33 | $110 | $202 |
| Value after costs | $10,467 | $11,466 | $12,561 |
| Impact on return, per year | 0.33% | 0.33% | 0.33% |
C000097922 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): 0.0081%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 21%
- Securities on loan, average value: $3.8M
- Net income from securities lending: $19K (0.043% of average net assets)
C000097922 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JANE STREET | $2K | 47.58% |
| MESIROW FINANCIAL | $932 | 27.04% |
| STONEX FINANCIAL | $875 | 25.38% |
TOPS Conservative ETF Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000097922 | Class 1 | 0.31% | — |
| C000097923 | Class 2 | 0.56% | — |
| C000211500 | Service Class | 0.61% | — |
| C000158835 | Investor Class | 0.81% | — |
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.