C000165355 Fees and Costs — Global Atlantic Goldman Sachs Global Equity Insights Portfolio, Class II
Data updated: 2021-08-19
The net expense ratio is 1.02%: a 0.63% management fee, a 0.25% 12b-1 fee plus 0.34% other expenses, less a 0.20% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $8K in broker commissions, 0.0331% of average net assets, and portfolio turnover was 168%.
C000165355 Fees and Expenses
Annual operating expenses and sales charges of C000165355. Prospectus, as of December 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.63% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.34% |
| Gross expense ratio | 1.22% |
| Fee waiver | −0.20% |
| Net expense ratio | 1.02% |
| 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 |
C000165355 Costs Over Time
On $10,000 invested in C000165355, assuming 5% a year before costs, total costs come to $658 over 5 years, cutting the return by 1.11% 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 1.02%) | $107 | $334 | $579 |
| Trading costs (broker commissions) | $3 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $111 | $362 | $658 |
| Value after costs | $10,389 | $11,214 | $12,105 |
| Impact on return, per year | 1.11% | 1.11% | 1.11% |
C000165355 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): 0.0331%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $5K
- Portfolio turnover (prospectus): 168%
- Securities lending: none during the year
C000165355 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| NATIONAL FINANCIAL SERVICES LLC | $2K | 27.56% |
| UBS Securities LLC | $2K | 21.09% |
| SANFORD C. BERNSTEIN & CO., LLC | $1K | 12.79% |
| J.P. MORGAN SECURITIES LLC | $784 | 10.00% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $481 | 6.14% |
| BOFA SECURITIES, INC. | $460 | 5.87% |
| MORGAN STANLEY & CO. LLC | $404 | 5.15% |
| RBC CAPITAL MARKETS, LLC | $331 | 4.23% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $328 | 4.19% |
| CITIGROUP GLOBAL MARKETS INC. | $235 | 2.99% |
C000165355 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| NATIONAL FINANCIAL SERVICES LLC | $5K | 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.