C000165376 Fees and Costs — Global Atlantic BlackRock Disciplined Small Cap Portfolio, Class II
Data updated: 2021-08-19
The net expense ratio is 0.91%: a 0.54% management fee, a 0.25% 12b-1 fee plus 0.16% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $8K in broker commissions, 0.0479% of average net assets, and portfolio turnover was 43%.
C000165376 Fees and Expenses
Annual operating expenses and sales charges of C000165376. Prospectus, as of December 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.54% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.96% |
| Fee waiver | −0.05% |
| 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 |
C000165376 Costs Over Time
On $10,000 invested in C000165376, assuming 5% a year before costs, total costs come to $600 over 5 years, cutting the return by 1.01% 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 | $517 |
| Trading costs (broker commissions) | $5 | $16 | $27 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $329 | $600 |
| Value after costs | $10,399 | $11,247 | $12,163 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
C000165376 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): 0.0479%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $133K
- Portfolio turnover (prospectus): 43%
- Securities lending: none during the year
C000165376 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $1K | 20.37% |
| UBS Securities LLC | $778 | 13.17% |
| CREDIT SUISSE SECURITIES (USA) LLC | $746 | 12.64% |
| MORGAN STANLEY & CO. LLC | $736 | 12.47% |
| JEFFERIES LLC | $579 | 9.81% |
| GOLDMAN SACHS & CO. LLC | $478 | 8.10% |
| J.P. MORGAN SECURITIES LLC | $445 | 7.54% |
| CITIGROUP GLOBAL MARKETS INC. | $355 | 6.02% |
| HSBC SECURITIES (USA) INC. | $318 | 5.38% |
| WELLS FARGO SECURITIES, LLC | $265 | 4.49% |
C000165376 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $45K | 34.29% |
| GOLDMAN SACHS & CO. LLC | $34K | 25.36% |
| BOFA SECURITIES, INC. | $23K | 16.99% |
| CREDIT SUISSE SECURITIES (USA) LLC | $20K | 15.30% |
| MORGAN STANLEY & CO. LLC | $11K | 7.97% |
| WELLS FARGO SECURITIES, LLC | $119 | 0.09% |
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.