C000149006 Fees and Costs — State Street Defensive Global Equity Portfolio
Data updated: 2021-05-28
The net expense ratio is 0.00% (0.25% before fee waivers). There are no sales loads or redemption fees. In fiscal 2020 the fund paid $437 in broker commissions, 0.0194% of average net assets, and portfolio turnover was 57%.
C000149006 Fees and Expenses
Annual operating expenses and sales charges of C000149006. Prospectus, as of October 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.25% |
| Fee waiver | −0.25% |
| Net expense ratio | 0.00% |
| 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 | No |
C000149006 Costs Over Time
On $10,000 invested in C000149006, assuming 5% a year before costs, total costs come to $12 over 5 years, cutting the return by 0.02% 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 0.00%) | $0 | $0 | $0 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $0 | $1 |
| Total costs | $2 | $7 | $12 |
| Value after costs | $10,498 | $11,570 | $12,750 |
| Impact on return, per year | 0.02% | 0.02% | 0.02% |
C000149006 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0194%
- Total broker commissions: $437
- Bought from dealers (principal trades, not a cost): $1.0M
- Portfolio turnover (prospectus): 57%
- Securities lending: none during the year
C000149006 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $89 | 28.77% |
| Virtu Itg LLC | $35 | 11.33% |
| Goldman Sachs & Co. LLC | $29 | 9.32% |
| UBS Securities LLC | $27 | 8.79% |
| Credit Suisse Securities (USA) LLC | $27 | 8.63% |
| CLSA Americas, LLC | $25 | 7.98% |
| Instinet, LLC | $20 | 6.54% |
| Cantor Fitzgerald & Co. | $20 | 6.47% |
| Macquarie Capital (USA) Inc. | $20 | 6.44% |
| Fidelity Capital Markets, Inc. | $18 | 5.73% |
C000149006 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $1.0M | 100.00% |
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.