C000138913 Fees and Costs — Multimanager Aggressive Equity Portfolio, Class K
Data updated: 2026-08-25
The net expense ratio is 0.76%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $866K in broker commissions, 0.0484% of average net assets, and portfolio turnover was 103%.
C000138913 Fees and Expenses
Annual operating expenses and sales charges of C000138913. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.56% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.76% |
| Fee waiver | — |
| Net expense ratio | 0.76% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000138913 Costs Over Time
On $10,000 invested in C000138913, assuming 5% a year before costs, total costs come to $508 over 5 years, cutting the return by 0.85% 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 0.76%) | $80 | $249 | $434 |
| Trading costs (broker commissions) | $5 | $16 | $28 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $85 | $278 | $508 |
| Value after costs | $10,415 | $11,298 | $12,255 |
| Impact on return, per year | 0.85% | 0.85% | 0.85% |
C000138913 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): 0.0484%
- Total broker commissions: $866K
- Bought from dealers (principal trades, not a cost): $2.5B
- Portfolio turnover (prospectus): 103%
- Securities on loan, average value: $5.9M
- Net income from securities lending: $36K (0.002% of average net assets)
C000138913 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Mizuho Securities USA LLC | $121K | 18.19% |
| Stifel, Nicolaus & Company, Incorporated | $117K | 17.47% |
| Needham & Company, LLC | $113K | 16.91% |
| Jefferies LLC | $60K | 8.99% |
| Wolfe Research Securities | $51K | 7.68% |
| RBC Capital Markets, LLC | $46K | 6.85% |
| J.P. Morgan Securities LLC | $42K | 6.30% |
| Goldman Sachs & Co. LLC | $41K | 6.13% |
| Rencap Securities, Inc. | $39K | 5.86% |
| Mirae Asset Securities (USA) Inc. | $38K | 5.63% |
C000138913 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $2.4B | 96.01% |
| Barclays Capital, Inc. | $69.8M | 2.75% |
| BofA Securities, Inc. | $31.2M | 1.23% |
Multimanager Aggressive Equity Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000138913 | Class K | 0.76% | — |
| C000138912 | Class IB | 1.01% | — |
| C000138914 | Class IA | 1.01% | — |
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.