C000154818 Fees and Costs — Global Atlantic PIMCO Tactical Allocation Portfolio, Class II
Data updated: 2021-08-19
The net expense ratio is 1.20% (1.42% before fee waivers). There are no sales loads or redemption fees. In fiscal 2020 the fund paid $3K in broker commissions, 0.0100% of average net assets, and portfolio turnover was 441%.
C000154818 Fees and Expenses
Annual operating expenses and sales charges of C000154818. Prospectus, as of December 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.27% |
| Gross expense ratio | 1.42% |
| Fee waiver | −0.22% |
| Net expense ratio | 1.20% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000154818 Costs Over Time
On $10,000 invested in C000154818, assuming 5% a year before costs, total costs come to $754 over 5 years, cutting the return by 1.27% 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 1.20%) | $126 | $392 | $679 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $20 | $69 |
| Total costs | $127 | $415 | $754 |
| Value after costs | $10,373 | $11,161 | $12,009 |
| Impact on return, per year | 1.27% | 1.27% | 1.27% |
C000154818 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0100%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $424.6M
- Portfolio turnover (prospectus): 441%
- Securities lending: none during the year
C000154818 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $974 | 36.40% |
| GOLDMAN SACHS & CO. LLC | $799 | 29.84% |
| MORGAN STANLEY & CO. LLC | $613 | 22.88% |
| J.P. MORGAN SECURITIES LLC | $232 | 8.66% |
| CREDIT SUISSE SECURITIES (USA) LLC | $38 | 1.41% |
| RBC CAPITAL MARKETS, LLC | $22 | 0.80% |
C000154818 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL, INC. | $282.8M | 68.84% |
| BOFA SECURITIES, INC. | $91.2M | 22.19% |
| J.P. Morgan Securities LLC | $6.9M | 1.68% |
| CitiGroup Global Markets Inc. | $6.2M | 1.51% |
| DEUTSCHE BANK SECURITIES, INC. | $5.0M | 1.22% |
| GOLDMAN SACHS & CO. LLC | $4.8M | 1.17% |
| NATWEST MARKETS SECURITIES INC. | $4.3M | 1.04% |
| TD SECURITIES (USA) LLC | $3.6M | 0.89% |
| PERSHING LLC | $3.1M | 0.75% |
| WELLS FARGO SECURITIES, LLC | $2.9M | 0.71% |
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.