C000117718 Fees and Costs — Transamerica Dynamic Allocation, Class I
Data updated: 2020-01-10
The net expense ratio is 1.02% (1.43% before fee waivers). There are no sales loads or redemption fees. In fiscal 2019 the fund paid $3K in broker commissions, 0.0171% of average net assets, and portfolio turnover was 25%.
C000117718 Fees and Expenses
Annual operating expenses and sales charges of C000117718. Prospectus, as of February 28, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.68% |
| Gross expense ratio | 1.43% |
| Fee waiver | −0.41% |
| Net expense ratio | 1.02% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000117718 Costs Over Time
On $10,000 invested in C000117718, assuming 5% a year before costs, total costs come to $648 over 5 years, cutting the return by 1.09% 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 1.02%) | $107 | $334 | $579 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $109 | $356 | $648 |
| Value after costs | $10,391 | $11,220 | $12,115 |
| Impact on return, per year | 1.09% | 1.09% | 1.09% |
C000117718 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0171%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $225.5M
- Portfolio turnover (prospectus): 25%
- Securities on loan, average value: $2.7M
- Net income from securities lending: $6K (0.035% of average net assets)
C000117718 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $869 | 30.56% |
| Cantor Fitzgerald & Co. | $585 | 20.58% |
| Susquehanna Financial Group, LLLP | $489 | 17.21% |
| J.P. Morgan Securities LLC | $446 | 15.69% |
| Jane Street Execution Services, LLC | $371 | 13.06% |
| BofA Securities, Inc. | $83 | 2.90% |
C000117718 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $225.5M | 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.