C000180084 Fees and Costs — AB FlexFee International Strategic Core Portfolio, Advisor Class
Data updated: 2020-11-25
The net expense ratio is 0.15%: a 0.05% management fee plus 7.04% other expenses, less a 6.94% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $3K in broker commissions, 0.0622% of average net assets, and portfolio turnover was 41%.
C000180084 Fees and Expenses
Annual operating expenses and sales charges of C000180084. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.05% |
| 12b-1 fee | 0.00% |
| Other expenses | 7.04% |
| Gross expense ratio | 7.09% |
| Fee waiver | −6.94% |
| Net expense ratio | 0.15% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000180084 Costs Over Time
On $10,000 invested in C000180084, assuming 5% a year before costs, total costs come to $135 over 5 years, cutting the return by 0.22% 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 0.15%) | $16 | $50 | $87 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $22 | $74 | $135 |
| Value after costs | $10,478 | $11,503 | $12,628 |
| Impact on return, per year | 0.22% | 0.22% | 0.22% |
C000180084 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0622%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $6.2M
- Portfolio turnover (prospectus): 41%
- Securities on loan, average value: $8K
- Net income from securities lending: $307 (0.006% of average net assets)
C000180084 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $1K | 33.96% |
| Morgan Stanley & Co. LLC | $656 | 21.23% |
| BofA Securities, Inc. | $406 | 13.15% |
| Virtu Itg LLC | $398 | 12.87% |
| Credit Suisse Securities (USA) LLC | $239 | 7.74% |
| Liquidnet, Inc. | $129 | 4.18% |
| J.P. Morgan Securities LLC | $68 | 2.19% |
| RBC Capital Markets, LLC | $55 | 1.79% |
| Deutsche Bank Securities Inc. | $46 | 1.48% |
| Citigroup Global Markets Inc. | $44 | 1.42% |
C000180084 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Brown Brothers Harriman & Co. | $6.2M | 100.00% |
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.