C000109363 Fees and Costs — SA VCP Dynamic Allocation Portfolio, Class 3
Data updated: 2026-09-28
The net expense ratio is 1.01%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $162K in broker commissions, 0.0018% of average net assets, and portfolio turnover was 28%.
C000109363 Fees and Expenses
Annual operating expenses and sales charges of C000109363. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.21% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.04% |
| Gross expense ratio | 1.01% |
| Fee waiver | — |
| Net expense ratio | 1.01% |
| 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 |
C000109363 Costs Over Time
On $10,000 invested in C000109363, assuming 5% a year before costs, total costs come to $633 over 5 years, cutting the return by 1.06% 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 1.01%) | $106 | $331 | $574 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $16 | $58 |
| Total costs | $106 | $348 | $633 |
| Value after costs | $10,394 | $11,228 | $12,130 |
| Impact on return, per year | 1.06% | 1.06% | 1.06% |
C000109363 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0018%
- Total broker commissions: $162K
- Bought from dealers (principal trades, not a cost): $5.3B
- Portfolio turnover (prospectus): 28%
- Securities lending: none during the year
C000109363 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $148K | 91.65% |
| J.P. Morgan Securities LLC | $14K | 8.35% |
C000109363 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $2.7B | 53.53% |
| Goldman Sachs & Co. LLC | $592.4M | 11.78% |
| J.P. Morgan Securities LLC | $384.9M | 7.65% |
| Citadel Securities LLC | $364.6M | 7.25% |
| Citigroup Global Markets Inc. | $277.9M | 5.53% |
| BofA Securities, Inc. | $179.4M | 3.57% |
| Morgan Stanley & Co. LLC | $164.6M | 3.27% |
| RBC Capital Markets, LLC | $133.1M | 2.65% |
| Deutsche Bank Securities Inc. | $127.6M | 2.54% |
| UBS Securities LLC | $112.4M | 2.24% |
SA VCP Dynamic Allocation Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000169131 | Class 1 | 0.76% | — |
| C000109363 | Class 3 | 1.01% | — |
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.