C000168421 Fees and Costs — Victory RS Small Cap Growth Equity VIP Series, Class I
Data updated: 2025-08-28
The net expense ratio is 0.88%: a 0.75% management fee plus 0.22% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $118K in broker commissions, 0.1606% of average net assets, and portfolio turnover was 124%.
C000168421 Fees and Expenses
Annual operating expenses and sales charges of C000168421. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 0.97% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.88% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000168421 Costs Over Time
On $10,000 invested in C000168421, assuming 5% a year before costs, total costs come to $650 over 5 years, cutting the return by 1.09% 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 0.88%) | $92 | $288 | $500 |
| Trading costs (broker commissions) | $17 | $53 | $91 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $109 | $358 | $650 |
| Value after costs | $10,391 | $11,219 | $12,112 |
| Impact on return, per year | 1.09% | 1.09% | 1.09% |
C000168421 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.1606%
- Total broker commissions: $118K
- Bought from dealers (principal trades, not a cost): $1.0M
- Portfolio turnover (prospectus): 124%
- Securities on loan, average value: $562K
- Net income from securities lending: $3K (0.004% of average net assets)
C000168421 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $14K | 17.00% |
| Liquidnet, Inc. | $11K | 12.88% |
| Barclays Capital Inc. | $9K | 11.00% |
| J.P. Morgan Securities LLC | $9K | 10.78% |
| Stifel, Nicolaus & Company, Incorporated | $9K | 10.13% |
| William Blair & Company, L.L.C. | $8K | 9.69% |
| Jefferies LLC | $8K | 9.19% |
| Robert W. Baird & Co. Incorporated | $6K | 7.35% |
| Keysight Technologies, Inc. | $5K | 6.30% |
| RBC Capital Markets, LLC | $5K | 5.70% |
C000168421 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $364K | 34.84% |
| J.P. Morgan Securities LLC | $266K | 25.46% |
| BofA Securities, Inc. | $215K | 20.65% |
| Jefferies LLC | $186K | 17.83% |
| Morgan Stanley & Co. LLC | $13K | 1.22% |
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.