C000106566 Fees and Costs — Franklin Multi-Asset Dynamic Multi-Strategy VIT Portfolio, Class I
Data updated: 2022-08-19
The net expense ratio is 1.02%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $28K in broker commissions, 0.0025% of average net assets, and portfolio turnover was 11%.
C000106566 Fees and Expenses
Annual operating expenses and sales charges of C000106566. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.03% |
| Gross expense ratio | 1.02% |
| Fee waiver | — |
| Net expense ratio | 1.02% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000106566 Costs Over Time
On $10,000 invested in C000106566, assuming 5% a year before costs, total costs come to $639 over 5 years, cutting the return by 1.07% 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 1.02%) | $107 | $334 | $579 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $107 | $351 | $639 |
| Value after costs | $10,393 | $11,225 | $12,124 |
| Impact on return, per year | 1.07% | 1.07% | 1.07% |
C000106566 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0025%
- Total broker commissions: $28K
- Bought from dealers (principal trades, not a cost): $27.5M
- Portfolio turnover (prospectus): 11%
- Securities lending: none during the year
C000106566 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch Professional Clearing Corp. | $11K | 40.11% |
| MORGAN STANLEY & CO. LLC | $6K | 22.59% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $4K | 15.29% |
| J.P. MORGAN SECURITIES LLC | $3K | 11.03% |
| VIRTU AMERICAS LLC | $1K | 4.12% |
| UBS Securities LLC | $971 | 3.52% |
| JANE STREET CAPITAL, LLC | $925 | 3.35% |
C000106566 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $27.5M | 100.00% |
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.