C000115991 Fees and Costs — SA VCP Dynamic Strategy Portfolio, Class 3
Data updated: 2026-09-28
The net expense ratio is 1.03%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $76K in broker commissions, 0.0016% of average net assets, and portfolio turnover was 16%.
C000115991 Fees and Expenses
Annual operating expenses and sales charges of C000115991. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.22% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.04% |
| Gross expense ratio | 1.03% |
| Fee waiver | — |
| Net expense ratio | 1.03% |
| 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 |
C000115991 Costs Over Time
On $10,000 invested in C000115991, assuming 5% a year before costs, total costs come to $645 over 5 years, cutting the return by 1.08% 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 1.03%) | $108 | $337 | $585 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $108 | $355 | $645 |
| Value after costs | $10,392 | $11,222 | $12,118 |
| Impact on return, per year | 1.08% | 1.08% | 1.08% |
C000115991 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): 0.0016%
- Total broker commissions: $76K
- Bought from dealers (principal trades, not a cost): $3.0B
- Portfolio turnover (prospectus): 16%
- Securities lending: none during the year
C000115991 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $71K | 93.45% |
| J.P. Morgan Securities LLC | $5K | 6.55% |
C000115991 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $1.4B | 49.40% |
| Goldman Sachs & Co. LLC | $347.2M | 12.34% |
| J.P. Morgan Securities LLC | $243.2M | 8.64% |
| Morgan Stanley & Co. LLC | $160.0M | 5.69% |
| Jefferies LLC | $147.4M | 5.24% |
| Citigroup Global Markets Inc. | $137.4M | 4.88% |
| BofA Securities, Inc. | $119.5M | 4.25% |
| Citadel Securities LLC | $116.7M | 4.15% |
| RBC Capital Markets, LLC | $82.0M | 2.91% |
| UBS Securities LLC | $70.1M | 2.49% |
SA VCP Dynamic Strategy Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000169132 | Class 1 | 0.78% | — |
| C000115991 | Class 3 | 1.03% | — |
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.