C000165361 Fees and Costs — Global Atlantic Goldman Sachs Mid Cap Value Insights Portfolio, Class II
Data updated: 2021-08-19
The net expense ratio is 0.91%: a 0.55% management fee, a 0.25% 12b-1 fee plus 0.13% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $35K in broker commissions, 0.0334% of average net assets, and portfolio turnover was 230%.
C000165361 Fees and Expenses
Annual operating expenses and sales charges of C000165361. Prospectus, as of December 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.13% |
| Gross expense ratio | 0.93% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.91% |
| 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 |
C000165361 Costs Over Time
On $10,000 invested in C000165361, assuming 5% a year before costs, total costs come to $591 over 5 years, cutting the return by 0.99% 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 0.91%) | $96 | $298 | $518 |
| Trading costs (broker commissions) | $4 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $15 | $54 |
| Total costs | $99 | $325 | $591 |
| Value after costs | $10,401 | $11,252 | $12,172 |
| Impact on return, per year | 0.99% | 0.99% | 0.99% |
C000165361 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): 0.0334%
- Total broker commissions: $35K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 230%
- Securities lending: none during the year
C000165361 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| NATIONAL FINANCIAL SERVICES LLC | $33K | 95.22% |
| INSTINET, LLC | $626 | 1.80% |
| CITIGROUP GLOBAL MARKETS INC. | $424 | 1.22% |
| J.P. MORGAN SECURITIES LLC | $337 | 0.97% |
| UBS Securities LLC | $205 | 0.59% |
| BOFA SECURITIES, INC. | $58 | 0.17% |
| MORGAN STANLEY & CO. LLC | $12 | 0.03% |
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.