C000112076 Fees and Costs — CTIVP - AQR Managed Futures Strategy Fund, Class 1
Data updated: 2020-05-28
The net expense ratio is 1.15%: a 1.10% management fee plus 0.05% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 0%.
C000112076 Fees and Expenses
Annual operating expenses and sales charges of C000112076. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 1.10% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.05% |
| Gross expense ratio | 1.15% |
| Fee waiver | — |
| Net expense ratio | 1.15% |
| 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 |
C000112076 Costs Over Time
On $10,000 invested in C000112076, assuming 5% a year before costs, total costs come to $717 over 5 years, cutting the return by 1.21% 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 1.15%) | $121 | $376 | $651 |
| Lost growth on money paid in costs | $0 | $19 | $66 |
| Total costs | $121 | $395 | $717 |
| Value after costs | $10,379 | $11,181 | $12,046 |
| Impact on return, per year | 1.21% | 1.21% | 1.21% |
C000112076 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $146.2M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
C000112076 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Barclays | $25.3M | 17.29% |
| Royal Bank of Scotland | $22.1M | 15.09% |
| TD Securities (USA) LLC | $20.7M | 14.16% |
| Nomura Securities International Inc. | $17.5M | 11.95% |
| Scotia Capital | $16.5M | 11.31% |
| Morgan Stanley | $14.1M | 9.63% |
| HSBC | $13.4M | 9.19% |
| Deutsche Bank | $10.5M | 7.17% |
| Wells Fargo Securities LLC | $6.1M | 4.20% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.