C000141629 Fees and Costs — First Investors Life Series Limited Duration Bond Fund, Class A
Data updated: 2019-11-29
The net expense ratio is 1.32%. There are no sales loads or redemption fees. In fiscal 2018 the fund paid $350 in broker commissions, 0.0047% of average net assets, and portfolio turnover was 268%.
C000141629 Fees and Expenses
Annual operating expenses and sales charges of C000141629. Prospectus, as of December 31, 2018.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.55% |
| Gross expense ratio | 1.32% |
| Fee waiver | — |
| Net expense ratio | 1.32% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000141629 Costs Over Time
On $10,000 invested in C000141629, assuming 5% a year before costs, total costs come to $823 over 5 years, cutting the return by 1.39% 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 1.32%) | $139 | $431 | $745 |
| Trading costs (broker commissions) | $0 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $21 | $76 |
| Total costs | $139 | $454 | $823 |
| Value after costs | $10,361 | $11,122 | $11,940 |
| Impact on return, per year | 1.39% | 1.39% | 1.39% |
C000141629 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2018.
- Explicit cost rate (commissions ÷ average net assets): 0.0047%
- Total broker commissions: $350
- Bought from dealers (principal trades, not a cost): $49.7M
- Portfolio turnover (prospectus): 268%
- Securities lending: none during the year
C000141629 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ITG, Inc. | $223 | 63.71% |
| Jefferies Group LLC | $127 | 36.29% |
C000141629 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $6.6M | 17.41% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $6.4M | 17.04% |
| Wells Fargo Securities, LLC | $5.0M | 13.19% |
| Barclays Capital Inc | $4.0M | 10.56% |
| Goldman Sachs & Co. LLC. LLC | $3.9M | 10.18% |
| Citigroup Global Markets Inc. | $3.6M | 9.57% |
| MarketAxess Corp. | $3.2M | 8.38% |
| Millennium Advisors, LLC | $1.8M | 4.87% |
| Raymond James & Associates | $1.7M | 4.50% |
| JP Morgan Securities LLC | $1.6M | 4.28% |
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.