C000138926 Fees and Costs — Multimanager Technology Portfolio, Class K
Data updated: 2026-08-25
The net expense ratio is 0.98% (1.14% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $249K in broker commissions, 0.0130% of average net assets, and portfolio turnover was 36%.
C000138926 Fees and Expenses
Annual operating expenses and sales charges of C000138926. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.92% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 1.14% |
| Fee waiver | −0.16% |
| Net expense ratio | 0.98% |
| 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 |
C000138926 Costs Over Time
On $10,000 invested in C000138926, 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 0.98%) | $103 | $321 | $557 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| 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% |
C000138926 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): 0.0130%
- Total broker commissions: $249K
- Bought from dealers (principal trades, not a cost): $222.3M
- Portfolio turnover (prospectus): 36%
- Securities on loan, average value: $24.5M
- Net income from securities lending: $106K (0.006% of average net assets)
C000138926 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $33K | 16.58% |
| Goldman Sachs & Co. LLC | $30K | 15.51% |
| J.P. Morgan Securities LLC | $21K | 10.95% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $19K | 9.71% |
| Citigroup Global Markets Inc. | $19K | 9.59% |
| Jefferies LLC | $17K | 8.73% |
| BofA Securities, Inc. | $17K | 8.48% |
| UBS Securities LLC | $15K | 7.89% |
| Barclays Capital, Inc. | $14K | 7.20% |
| BTIG, LLC | $11K | 5.36% |
C000138926 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $195.2M | 87.80% |
| BofA Securities, Inc. | $24.7M | 11.09% |
| Morgan Stanley & Co. LLC | $2.1M | 0.95% |
| Goldman Sachs & Co. LLC | $348K | 0.16% |
| BNP Paribas Securities Corp. | $4 | 0.00% |
Multimanager Technology Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000138926 | Class K | 0.98% | — |
| C000138925 | Class IB | 1.23% | — |
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.