C000165385 Fees and Costs — Global Atlantic BlackRock High Yield Portfolio, Class II
Data updated: 2026-08-26
The net expense ratio is 0.77% (0.83% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $203 in broker commissions, 0.0005% of average net assets, and portfolio turnover was 76%.
C000165385 Fees and Expenses
Annual operating expenses and sales charges of C000165385. Prospectus, as of June 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.34% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.14% |
| Gross expense ratio | 0.83% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.77% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000165385 Costs Over Time
On $10,000 invested in C000165385, assuming 5% a year before costs, total costs come to $484 over 5 years, cutting the return by 0.81% 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 0.77%) | $81 | $253 | $440 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $13 | $44 |
| Total costs | $81 | $266 | $484 |
| Value after costs | $10,419 | $11,311 | $12,279 |
| Impact on return, per year | 0.81% | 0.81% | 0.81% |
C000165385 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): 0.0005%
- Total broker commissions: $203
- Bought from dealers (principal trades, not a cost): $65.9M
- Portfolio turnover (prospectus): 76%
- Securities lending: none during the year
C000165385 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $84 | 41.58% |
| J.P. MORGAN SECURITIES LLC | $73 | 36.14% |
| BARCLAYS CAPITAL, INC. | $33 | 16.34% |
| MORGAN STANLEY & CO. LLC | $5 | 2.48% |
| BNP Paribas Securities Corp. | $4 | 1.98% |
| MIZUHO SECURITIES (USA) INC. | $3 | 1.49% |
C000165385 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $12.0M | 19.40% |
| J.P. Morgan Securities LLC | $10.3M | 16.70% |
| BOFA SECURITIES, INC. | $9.6M | 15.58% |
| MORGAN STANLEY & CO. LLC | $8.3M | 13.54% |
| JEFFERIES LLC | $5.9M | 9.54% |
| CitiGroup Global Markets Inc. | $5.2M | 8.48% |
| BARCLAYS CAPITAL, INC. | $3.0M | 4.81% |
| WELLS FARGO SECURITIES, LLC | $2.9M | 4.66% |
| RBC CAPITAL MARKETS, LLC | $2.7M | 4.32% |
| PERSHING LLC | $1.8M | 2.96% |
Global Atlantic BlackRock High Yield Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000165384 | Class I | 0.52% | none |
| C000165385 | Class II | 0.77% | 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.