C000177074 Fees and Costs — SA Mid Cap Index Portfolio, Class 3
Data updated: 2026-09-28
The net expense ratio is 0.62%: a 0.30% management fee, a 0.25% 12b-1 fee plus 0.07% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $30K in broker commissions, 0.0060% of average net assets, and portfolio turnover was 24%.
C000177074 Fees and Expenses
Annual operating expenses and sales charges of C000177074. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.07% |
| Gross expense ratio | 0.62% |
| Fee waiver | — |
| Net expense ratio | 0.62% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000177074 Costs Over Time
On $10,000 invested in C000177074, assuming 5% a year before costs, total costs come to $395 over 5 years, cutting the return by 0.66% 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 0.62%) | $65 | $204 | $355 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $66 | $216 | $395 |
| Value after costs | $10,434 | $11,360 | $12,368 |
| Impact on return, per year | 0.66% | 0.66% | 0.66% |
C000177074 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0060%
- Total broker commissions: $30K
- Bought from dealers (principal trades, not a cost): $980.4M
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
C000177074 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $9K | 33.92% |
| Macquarie Capital (USA) Inc. | $4K | 16.43% |
| Goldman Sachs & Co. LLC | $4K | 16.15% |
| BNP Paribas Securities Corp. | $2K | 6.59% |
| Morgan Stanley & Co. LLC | $2K | 5.76% |
| Jefferies LLC | $1K | 5.45% |
| BofA Securities, Inc. | $1K | 5.09% |
| UBS Securities LLC | $1K | 5.07% |
| Cantor Fitzgerald & Co. | $844 | 3.14% |
| Barclays Capital Inc. | $647 | 2.40% |
C000177074 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $977.2M | 99.67% |
| BNY Capital Markets, LLC | $1.6M | 0.16% |
| BofA Securities, Inc. | $1.3M | 0.14% |
| Jefferies LLC | $200K | 0.02% |
| Mizuho Securities USA LLC | $109K | 0.01% |
| Barclays Capital Inc. | $240 | 0.00% |
SA Mid Cap Index Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000177073 | Class 1 | 0.37% | — |
| C000177074 | Class 3 | 0.62% | — |
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.