C000125514 Fees and Costs — Probabilities VIT Fund, Class 1
Data updated: 2022-11-21
The net expense ratio is 2.53% (4.60% before fee waivers). There are no sales loads or redemption fees. In fiscal 2021 the fund paid $3K in broker commissions, 0.0380% of average net assets, and portfolio turnover was 1515%.
C000125514 Fees and Expenses
Annual operating expenses and sales charges of C000125514. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 1.35% |
| 12b-1 fee | 0.35% |
| Other expenses | 2.61% |
| Gross expense ratio | 4.60% |
| Fee waiver | −2.07% |
| Net expense ratio | 2.53% |
| 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 | Yes |
C000125514 Costs Over Time
On $10,000 invested in C000125514, assuming 5% a year before costs, total costs come to $1,557 over 5 years, cutting the return by 2.70% 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 2.53%) | $266 | $815 | $1,391 |
| Trading costs (broker commissions) | $4 | $12 | $21 |
| Lost growth on money paid in costs | $0 | $41 | $145 |
| Total costs | $270 | $869 | $1,557 |
| Value after costs | $10,230 | $10,707 | $11,206 |
| Impact on return, per year | 2.70% | 2.70% | 2.70% |
C000125514 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0380%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 1515%
- Securities lending: none during the year
C000125514 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Garwood Securities | $3K | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.