C000165378 Fees and Costs — Global Atlantic BlackRock Disciplined U.S. Core Portfolio, Class I
Data updated: 2021-08-19
The net expense ratio is 0.50%: a 0.39% management 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 $9K in broker commissions, 0.0392% of average net assets, and portfolio turnover was 138%.
C000165378 Fees and Expenses
Annual operating expenses and sales charges of C000165378. Prospectus, as of December 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.55% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.50% |
| 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 |
C000165378 Costs Over Time
On $10,000 invested in C000165378, assuming 5% a year before costs, total costs come to $340 over 5 years, cutting the return by 0.57% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $4 | $13 | $22 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $57 | $186 | $340 |
| Value after costs | $10,443 | $11,390 | $12,422 |
| Impact on return, per year | 0.57% | 0.57% | 0.57% |
C000165378 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): 0.0392%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $413
- Portfolio turnover (prospectus): 138%
- Securities lending: none during the year
C000165378 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $1K | 21.03% |
| GOLDMAN SACHS & CO. LLC | $915 | 14.48% |
| J.P. MORGAN SECURITIES LLC | $621 | 9.83% |
| CITIGROUP GLOBAL MARKETS INC. | $571 | 9.05% |
| PERSHING LLC | $566 | 8.97% |
| BARCLAYS CAPITAL, INC. | $507 | 8.04% |
| WELLS FARGO SECURITIES, LLC | $466 | 7.39% |
| JEFFERIES LLC | $462 | 7.32% |
| HSBC SECURITIES (USA) INC. | $440 | 6.97% |
| CREDIT SUISSE SECURITIES (USA) LLC | $437 | 6.92% |
C000165378 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $393 | 95.24% |
| J.P. Morgan Securities LLC | $20 | 4.76% |
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.