C000129560 Fees and Costs — Nomura VIP Pathfinder Moderate - Managed Volatility Series, Service Class
Data updated: 2026-08-24
The net expense ratio is 0.99% (1.08% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $7K in broker commissions, 0.0020% of average net assets, and portfolio turnover was 42%.
C000129560 Fees and Expenses
Annual operating expenses and sales charges of C000129560. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.05% |
| Gross expense ratio | 1.08% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.99% |
| 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 | No |
C000129560 Costs Over Time
On $10,000 invested in C000129560, assuming 5% a year before costs, total costs come to $621 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 0.99%) | $104 | $324 | $563 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $104 | $341 | $621 |
| Value after costs | $10,396 | $11,235 | $12,142 |
| Impact on return, per year | 1.04% | 1.04% | 1.04% |
C000129560 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): 0.0020%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $22.5M
- Portfolio turnover (prospectus): 42%
- Securities lending: none during the year
C000129560 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $4K | 52.44% |
| JANE STREET EXECUTION SERVICES, LLC | $3K | 43.68% |
| J.P. Morgan Securities LLC | $277 | 3.86% |
| VIRTU AMERICAS LLC | $1 | 0.01% |
C000129560 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JANE STREET EXECUTION SERVICES, LLC | $22.5M | 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.