C000112726 Fees and Costs — Power Income Index VIT Fund, Class 2
Data updated: 2021-03-16
The net expense ratio is 2.78% (3.34% before fee waivers). There are no sales loads or redemption fees. In fiscal 2020 the fund paid $4K in broker commissions, 0.0722% of average net assets, and portfolio turnover was 101%.
C000112726 Fees and Expenses
Annual operating expenses and sales charges of C000112726. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.50% |
| Other expenses | 1.56% |
| Gross expense ratio | 3.34% |
| Fee waiver | −0.56% |
| Net expense ratio | 2.78% |
| 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 | Yes |
C000112726 Costs Over Time
On $10,000 invested in C000112726, assuming 5% a year before costs, total costs come to $1,719 over 5 years, cutting the return by 2.99% 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 2.78%) | $292 | $893 | $1,519 |
| Trading costs (broker commissions) | $8 | $23 | $39 |
| Lost growth on money paid in costs | $0 | $46 | $161 |
| Total costs | $299 | $963 | $1,719 |
| Value after costs | $10,201 | $10,614 | $11,044 |
| Impact on return, per year | 2.99% | 2.99% | 2.99% |
C000112726 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0722%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 101%
- Securities on loan, average value: $132K
- Net income from securities lending: $315 (0.006% of average net assets)
C000112726 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Mischler Financial Group | $2K | 42.36% |
| Citadel Securities, LLC | $849 | 23.55% |
| Virtus Investment Partners | $464 | 12.87% |
| Jane Street | $257 | 7.13% |
| JPMorgan Chase | $235 | 6.52% |
| Morgan Stanley Smith Barney | $206 | 5.71% |
| Wallachbeth Capital LLC | $57 | 1.58% |
| Cowen Group | $10 | 0.28% |
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.