C000141102 Fees and Costs — AVIP Constellation Dynamic Risk Balanced Portfolio, Class I
Data updated: 2026-08-26
The net expense ratio is 0.87%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $71K in broker commissions, 0.0055% of average net assets, and portfolio turnover was 53%.
C000141102 Fees and Expenses
Annual operating expenses and sales charges of C000141102. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.87% |
| Fee waiver | — |
| Net expense ratio | 0.87% |
| 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 |
C000141102 Costs Over Time
On $10,000 invested in C000141102, assuming 5% a year before costs, total costs come to $549 over 5 years, cutting the return by 0.92% 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 0.87%) | $91 | $285 | $496 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $92 | $301 | $549 |
| Value after costs | $10,408 | $11,275 | $12,214 |
| Impact on return, per year | 0.92% | 0.92% | 0.92% |
C000141102 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): 0.0055%
- Total broker commissions: $71K
- Bought from dealers (principal trades, not a cost): $1.5B
- Portfolio turnover (prospectus): 53%
- Securities lending: none during the year
C000141102 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS + CO LLC | $35K | 48.47% |
| INSTINET LLC | $18K | 25.46% |
| WELLS FARGO SECURITIES | $15K | 20.36% |
| MORGAN STANLEY CO INCORPORATED | $4K | 5.71% |
C000141102 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS + CO LLC | $656.1M | 46.07% |
| BONY/TORONTO DOMINION SECURITIES INC | $301.9M | 21.20% |
| INSTINET LLC | $126.4M | 8.87% |
| WELLS FARGO SECURITIES LLC | $71.6M | 5.03% |
| BOFA SECURITIES, INC. / FIXED INCOME | $62.3M | 4.38% |
| MORGAN STANLEY CO INCORPORATED | $53.3M | 3.74% |
| J.P. MORGAN SECURITIES LLC | $53.0M | 3.72% |
| MARKETAXESS CORPORATION | $34.3M | 2.41% |
| PERSHING LLC | $34.0M | 2.39% |
| CITIGROUP GLOBAL MARKETS INC SALOMON BRO | $31.2M | 2.19% |
AVIP Constellation Dynamic Risk Balanced Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000141102 | Class I | 0.87% | — |
| C000266305 | C000266305 | 1.12% | — |
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.