C000168423 Fees and Costs — Victory Sophus Emerging Markets VIP Series, Class I
Data updated: 2025-05-29
The net expense ratio is 1.35%: a 1.00% management fee plus 0.80% other expenses, less a 0.45% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $54K in broker commissions, 0.2134% of average net assets, and portfolio turnover was 83%.
C000168423 Fees and Expenses
Annual operating expenses and sales charges of C000168423. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.80% |
| Gross expense ratio | 1.80% |
| Fee waiver | −0.45% |
| Net expense ratio | 1.35% |
| 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 |
C000168423 Costs Over Time
On $10,000 invested in C000168423, assuming 5% a year before costs, total costs come to $967 over 5 years, cutting the return by 1.64% 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 1.35%) | $142 | $440 | $758 |
| Trading costs (broker commissions) | $22 | $70 | $120 |
| Lost growth on money paid in costs | $0 | $25 | $89 |
| Total costs | $164 | $535 | $967 |
| Value after costs | $10,336 | $11,042 | $11,796 |
| Impact on return, per year | 1.64% | 1.64% | 1.64% |
C000168423 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): 0.2134%
- Total broker commissions: $54K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 83%
- Securities on loan, average value: $257K
- Net income from securities lending: $445 (0.002% of average net assets)
C000168423 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| HSBC Securities (USA) Inc. | $6K | 13.47% |
| J.P. Morgan Securities LLC | $5K | 12.68% |
| Citigroup Global Markets Inc. | $5K | 11.17% |
| Macquarie Capital (USA) Inc. | $4K | 10.21% |
| UBS Securities LLC | $4K | 10.13% |
| CLSA Americas, LLC | $4K | 9.73% |
| Morgan Stanley & Co. LLC | $4K | 9.41% |
| Jefferies LLC | $4K | 8.56% |
| BofA Securities, Inc. | $3K | 7.96% |
| Daiwa Capital Markets America Inc. | $3K | 6.67% |
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.