C000140837 Fees and Costs — SFT Macquarie Small Cap Growth Fund, Class 2
Data updated: 2026-08-26
The net expense ratio is 1.34%: a 0.85% management fee, a 0.25% 12b-1 fee plus 0.23% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $109K in broker commissions, 0.0689% of average net assets, and portfolio turnover was 78%.
C000140837 Fees and Expenses
Annual operating expenses and sales charges of C000140837. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.23% |
| Gross expense ratio | 1.34% |
| Fee waiver | — |
| Net expense ratio | 1.34% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000140837 Costs Over Time
On $10,000 invested in C000140837, assuming 5% a year before costs, total costs come to $874 over 5 years, cutting the return by 1.48% 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 1.34%) | $141 | $437 | $755 |
| Trading costs (broker commissions) | $7 | $22 | $39 |
| Lost growth on money paid in costs | $0 | $23 | $80 |
| Total costs | $148 | $482 | $874 |
| Value after costs | $10,352 | $11,094 | $11,889 |
| Impact on return, per year | 1.48% | 1.48% | 1.48% |
C000140837 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): 0.0689%
- Total broker commissions: $109K
- Bought from dealers (principal trades, not a cost): $82.1M
- Portfolio turnover (prospectus): 78%
- Securities lending: none during the year
C000140837 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $11K | 14.81% |
| Goldman Sachs & Co. LLC | $11K | 14.71% |
| J.P. Morgan Securities LLC | $11K | 14.44% |
| UBS Securities LLC | $7K | 10.14% |
| Jefferies LLC | $7K | 9.98% |
| BofA Securities, Inc. | $7K | 9.86% |
| Citigroup Global Markets Inc. | $5K | 7.10% |
| BTIG, LLC | $5K | 6.58% |
| Barclays Capital Inc. | $5K | 6.39% |
| Virtu Americas LLC | $4K | 6.00% |
C000140837 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $79.9M | 97.30% |
| BofA Securities, Inc. | $942K | 1.15% |
| Jefferies LLC | $436K | 0.53% |
| Goldman Sachs & Co. LLC | $330K | 0.40% |
| Barclays Capital Inc. | $324K | 0.39% |
| Truist Securities, Inc. | $128K | 0.16% |
| J.P. Morgan Securities LLC | $60K | 0.07% |
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.