C000160833 Fees and Costs — First Trust Dorsey Wright Tactical Core Portfolio, Class II
Data updated: 2026-08-21
The net expense ratio is 1.05% (5.39% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $14K in broker commissions, 0.0258% of average net assets, and portfolio turnover was 78%.
C000160833 Fees and Expenses
Annual operating expenses and sales charges of C000160833. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 4.57% |
| Gross expense ratio | 5.39% |
| Fee waiver | −4.34% |
| Net expense ratio | 1.05% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 | Yes |
C000160833 Costs Over Time
On $10,000 invested in C000160833, assuming 5% a year before costs, total costs come to $672 over 5 years, cutting the return by 1.13% 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 1.05%) | $110 | $344 | $596 |
| Trading costs (broker commissions) | $3 | $8 | $15 |
| Lost growth on money paid in costs | $0 | $17 | $62 |
| Total costs | $113 | $370 | $672 |
| Value after costs | $10,387 | $11,207 | $12,091 |
| Impact on return, per year | 1.13% | 1.13% | 1.13% |
C000160833 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): 0.0258%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 78%
- Securities lending: none during the year
C000160833 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $8K | 62.50% |
| GOLDMAN SACHS & CO. LLC | $5K | 37.50% |
First Trust Dorsey Wright Tactical Core Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000160833 | Class II | 1.05% | none |
| C000160832 | Class I | 1.28% | none |
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.