C000140839 Fees and Costs — SFT Wellington Core Equity Fund, Class 2
Data updated: 2026-08-26
The net expense ratio is 1.03%: a 0.55% 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 $16K in broker commissions, 0.0124% of average net assets, and portfolio turnover was 36%.
C000140839 Fees and Expenses
Annual operating expenses and sales charges of C000140839. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.23% |
| Gross expense ratio | 1.03% |
| Fee waiver | — |
| Net expense ratio | 1.03% |
| 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 |
C000140839 Costs Over Time
On $10,000 invested in C000140839, assuming 5% a year before costs, total costs come to $651 over 5 years, cutting the return by 1.09% 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 1.03%) | $108 | $337 | $585 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $109 | $358 | $651 |
| Value after costs | $10,391 | $11,218 | $12,111 |
| Impact on return, per year | 1.09% | 1.09% | 1.09% |
C000140839 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): 0.0124%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $41.0M
- Portfolio turnover (prospectus): 36%
- Securities lending: none during the year
C000140839 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $2K | 19.10% |
| Goldman Sachs & Co. LLC | $2K | 15.77% |
| Morgan Stanley & Co. LLC | $2K | 15.03% |
| J.P. Morgan Securities LLC | $2K | 12.57% |
| Citigroup Global Markets Inc. | $1K | 8.65% |
| RBC Capital Markets, LLC | $1K | 8.41% |
| Mizuho Securities USA LLC | $701 | 5.67% |
| Stifel, Nicolaus & Company, Incorporated | $644 | 5.21% |
| Jefferies LLC | $607 | 4.91% |
| Barclays Capital Inc. | $578 | 4.67% |
C000140839 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $39.7M | 96.91% |
| Morgan Stanley & Co. LLC | $1.1M | 2.62% |
| Goldman Sachs & Co. LLC | $192K | 0.47% |
SFT Wellington Core Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000140838 | Class 1 | 0.78% | — |
| C000140839 | Class 2 | 1.03% | — |
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.