C000131488 Fees and Costs — Charter Aggressive Growth Portfolio, Class B
Data updated: 2020-08-25
The net expense ratio is 1.45% (3.89% before fee waivers). There are no sales loads or redemption fees. In fiscal 2019 the fund paid $293 in broker commissions, 0.0031% of average net assets, and portfolio turnover was 17%.
C000131488 Fees and Expenses
Annual operating expenses and sales charges of C000131488. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.25% |
| Other expenses | 2.72% |
| Gross expense ratio | 3.89% |
| Fee waiver | −2.44% |
| Net expense ratio | 1.45% |
| 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 |
C000131488 Costs Over Time
On $10,000 invested in C000131488, assuming 5% a year before costs, total costs come to $901 over 5 years, cutting the return by 1.53% 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 1.45%) | $152 | $473 | $816 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $24 | $83 |
| Total costs | $153 | $497 | $901 |
| Value after costs | $10,347 | $11,079 | $11,862 |
| Impact on return, per year | 1.53% | 1.53% | 1.53% |
C000131488 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): 0.0031%
- Total broker commissions: $293
- Bought from dealers (principal trades, not a cost): $1.5M
- Portfolio turnover (prospectus): 17%
- Securities lending: none during the year
C000131488 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $260 | 88.91% |
| J.P. Morgan Securities LLC | $32 | 11.09% |
C000131488 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.5M | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.