C000125451 Fees and Costs — CTIVP - Lazard International Equity Advantage Fund, Class 1
Data updated: 2021-05-25
The net expense ratio is 0.79%: a 0.77% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $3.1M in broker commissions, 0.1530% of average net assets, and portfolio turnover was 62%.
C000125451 Fees and Expenses
Annual operating expenses and sales charges of C000125451. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.77% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.79% |
| Fee waiver | — |
| Net expense ratio | 0.79% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000125451 Costs Over Time
On $10,000 invested in C000125451, assuming 5% a year before costs, total costs come to $591 over 5 years, cutting the return by 0.99% 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 0.79%) | $83 | $259 | $449 |
| Trading costs (broker commissions) | $16 | $50 | $87 |
| Lost growth on money paid in costs | $0 | $15 | $54 |
| Total costs | $99 | $324 | $591 |
| Value after costs | $10,401 | $11,252 | $12,172 |
| Impact on return, per year | 0.99% | 0.99% | 0.99% |
C000125451 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): 0.1530%
- Total broker commissions: $3.1M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 62%
- Securities lending: none during the year
C000125451 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Credit Suisse | $567K | 22.65% |
| Morgan Stanley | $326K | 13.00% |
| UBS | $316K | 12.61% |
| Goldman Sachs | $273K | 10.89% |
| CLSA Americas LLC | $248K | 9.92% |
| JPMorgan | $234K | 9.33% |
| Jefferies LLC | $162K | 6.47% |
| ITG Inc | $144K | 5.73% |
| Citi | $139K | 5.54% |
| Barclays | $97K | 3.86% |
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.