C000125912 Fees and Costs — SFT Balanced Stabilization Fund, Class 2
Data updated: 2026-08-26
The net expense ratio is 0.98%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $48K in broker commissions, 0.0081% of average net assets, and portfolio turnover was 10%.
C000125912 Fees and Expenses
Annual operating expenses and sales charges of C000125912. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.08% |
| Gross expense ratio | 0.98% |
| Fee waiver | — |
| Net expense ratio | 0.98% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000125912 Costs Over Time
On $10,000 invested in C000125912, assuming 5% a year before costs, total costs come to $618 over 5 years, cutting the return by 1.04% 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 0.98%) | $103 | $321 | $557 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $104 | $340 | $618 |
| Value after costs | $10,396 | $11,236 | $12,145 |
| Impact on return, per year | 1.04% | 1.04% | 1.04% |
C000125912 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0081%
- Total broker commissions: $48K
- Bought from dealers (principal trades, not a cost): $395.7M
- Portfolio turnover (prospectus): 10%
- Securities lending: none during the year
C000125912 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $47K | 98.23% |
| Nomura Securities International, Inc. | $747 | 1.55% |
| Goldman Sachs & Co. LLC | $105 | 0.22% |
C000125912 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $351.9M | 90.40% |
| Morgan Stanley & Co. LLC | $8.0M | 2.06% |
| Goldman Sachs & Co. LLC | $7.2M | 1.84% |
| J.P. Morgan Securities LLC | $6.8M | 1.75% |
| MarketAxess Corporation | $4.6M | 1.19% |
| Wells Fargo Securities, LLC | $2.6M | 0.66% |
| Citigroup Global Markets Inc. | $2.4M | 0.63% |
| Jefferies LLC | $2.3M | 0.59% |
| KeyBanc Capital Markets Inc. | $2.0M | 0.51% |
| Santander Securities LLC | $1.5M | 0.39% |
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.