C000106780 Fees and Costs — 7Twelve Balanced Portfolio, Class 4
Data updated: 2022-11-25
The net expense ratio is 1.39%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $4K in broker commissions, 0.0081% of average net assets, and portfolio turnover was 5%.
C000106780 Fees and Expenses
Annual operating expenses and sales charges of C000106780. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.60% |
| Other expenses | 0.45% |
| Gross expense ratio | 1.39% |
| Fee waiver | — |
| Net expense ratio | 1.39% |
| 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 |
C000106780 Costs Over Time
On $10,000 invested in C000106780, assuming 5% a year before costs, total costs come to $868 over 5 years, cutting the return by 1.47% 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 1.39%) | $146 | $453 | $783 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $23 | $80 |
| Total costs | $147 | $479 | $868 |
| Value after costs | $10,353 | $11,097 | $11,895 |
| Impact on return, per year | 1.47% | 1.47% | 1.47% |
C000106780 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): 0.0081%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $79K
- Portfolio turnover (prospectus): 5%
- Securities lending: none during the year
C000106780 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wallachbeth | $3K | 81.92% |
| Brownstone Investment Group | $736 | 18.08% |
C000106780 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wallachbeth | $79K | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.