C000117719 Fees and Costs — Transamerica Dynamic Allocation, Class A
Data updated: 2020-01-10
The net expense ratio is 1.27% (1.73% before fee waivers). This share class carries a maximum front-end sales load of 5.50%. In fiscal 2019 the fund paid $3K in broker commissions, 0.0171% of average net assets, and portfolio turnover was 25%.
C000117719 Fees and Expenses
Annual operating expenses and sales charges of C000117719. Prospectus, as of February 28, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.73% |
| Gross expense ratio | 1.73% |
| Fee waiver | −0.46% |
| Net expense ratio | 1.27% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| 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 |
C000117719 Costs Over Time
On $10,000 invested in C000117719, assuming 5% a year before costs, total costs come to $1,458 over 5 years, cutting the return by 2.52% 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 |
| Sales charges | $550 | $550 | $550 |
| Fund expenses (net expense ratio 1.27%) | $126 | $392 | $678 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $28 | $106 | $222 |
| Total costs | $705 | $1,054 | $1,458 |
| Value after costs | $9,795 | $10,523 | $11,304 |
| Impact on return, per year | 7.05% | 3.29% | 2.52% |
C000117719 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)
C000117719 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% |
C000117719 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.