C000131487 Fees and Costs — Charter Growth Portfolio, Class B
Data updated: 2020-08-25
The net expense ratio is 1.40% (2.50% before fee waivers). There are no sales loads or redemption fees. In fiscal 2019 the fund paid $400 in broker commissions, 0.0021% of average net assets, and portfolio turnover was 15%.
C000131487 Fees and Expenses
Annual operating expenses and sales charges of C000131487. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.34% |
| Gross expense ratio | 2.50% |
| Fee waiver | −1.10% |
| Net expense ratio | 1.40% |
| 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 |
C000131487 Costs Over Time
On $10,000 invested in C000131487, assuming 5% a year before costs, total costs come to $870 over 5 years, cutting the return by 1.47% 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 1.40%) | $147 | $457 | $789 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $23 | $80 |
| Total costs | $147 | $480 | $870 |
| Value after costs | $10,353 | $11,096 | $11,893 |
| Impact on return, per year | 1.47% | 1.47% | 1.47% |
C000131487 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0021%
- Total broker commissions: $400
- Bought from dealers (principal trades, not a cost): $1.4M
- Portfolio turnover (prospectus): 15%
- Securities lending: none during the year
C000131487 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $344 | 85.87% |
| J.P. Morgan Securities LLC | $57 | 14.13% |
C000131487 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.4M | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.