C000120646 Fees and Costs — First Investors Life Series Total Return Fund, Class A
Data updated: 2019-11-29
The net expense ratio is 0.91%: a 0.75% management fee plus 0.16% other expenses. There are no sales loads or redemption fees. In fiscal 2018 the fund paid $25K in broker commissions, 0.0526% of average net assets, and portfolio turnover was 68%.
C000120646 Fees and Expenses
Annual operating expenses and sales charges of C000120646. Prospectus, as of December 31, 2018.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.91% |
| Fee waiver | — |
| Net expense ratio | 0.91% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000120646 Costs Over Time
On $10,000 invested in C000120646, assuming 5% a year before costs, total costs come to $603 over 5 years, cutting the return by 1.01% 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 0.91%) | $96 | $298 | $517 |
| Trading costs (broker commissions) | $6 | $17 | $30 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $331 | $603 |
| Value after costs | $10,399 | $11,245 | $12,160 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
C000120646 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2018.
- Explicit cost rate (commissions ÷ average net assets): 0.0526%
- Total broker commissions: $25K
- Bought from dealers (principal trades, not a cost): $35.5M
- Portfolio turnover (prospectus): 68%
- Securities lending: none during the year
C000120646 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cowen and Company LLC | $6K | 30.23% |
| Barclays Capital Inc | $4K | 22.34% |
| JP Morgan Securities LLC | $2K | 8.85% |
| ITG, Inc. | $2K | 8.36% |
| Goldman Sachs & Co. LLC | $2K | 7.61% |
| Credit Suisse Securities (USA) LLC | $1K | 5.21% |
| UBS Securities LLC | $1K | 5.04% |
| Raymond James & Associates | $827 | 4.15% |
| Morgan Stanley & Co. LLC | $819 | 4.11% |
| Stifel, Nicolaus & Co., Inc. | $812 | 4.08% |
C000120646 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $5.5M | 21.76% |
| Citigroup Global Markets Inc. | $4.2M | 16.51% |
| D.A. Davidson & Co. | $2.5M | 9.87% |
| Barclays Capital Inc | $2.5M | 9.68% |
| Goldman Sachs & Co. LLC | $2.3M | 8.99% |
| JP Morgan Securities LLC | $2.0M | 7.71% |
| Wells Fargo Securities, LLC | $1.9M | 7.43% |
| The Williams Capital Group, L.P. | $1.7M | 6.91% |
| Suntrust Robinson Humphrey, Inc. | $1.5M | 5.84% |
| Morgan Stanley & Co. LLC | $1.3M | 5.31% |
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.