C000186847 Fees and Costs — Donoghue Forlines Momentum VIT Fund, Class 2
Data updated: 2026-08-28
The net expense ratio is 1.81%: a 1.00% management fee, a 0.50% 12b-1 fee plus 0.31% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $34K in broker commissions, 0.0515% of average net assets, and portfolio turnover was 323%.
C000186847 Fees and Expenses
Annual operating expenses and sales charges of C000186847. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.31% |
| Gross expense ratio | 1.81% |
| Fee waiver | — |
| Net expense ratio | 1.81% |
| 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 |
C000186847 Costs Over Time
On $10,000 invested in C000186847, assuming 5% a year before costs, total costs come to $1,144 over 5 years, cutting the return by 1.95% 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 1.81%) | $190 | $588 | $1,010 |
| Trading costs (broker commissions) | $5 | $17 | $29 |
| Lost growth on money paid in costs | $0 | $30 | $106 |
| Total costs | $195 | $635 | $1,144 |
| Value after costs | $10,305 | $10,942 | $11,618 |
| Impact on return, per year | 1.95% | 1.95% | 1.95% |
C000186847 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): 0.0515%
- Total broker commissions: $34K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 323%
- Securities on loan, average value: $4.7M
- Net income from securities lending: $7K (0.010% of average net assets)
C000186847 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wallachbeth Capital, LLC | $7K | 19.43% |
| Virtu Americas LLC | $6K | 18.69% |
| FCSTONE | $6K | 17.35% |
| CITADEL SECURITIES | $4K | 11.53% |
| JPMorgan | $4K | 11.26% |
| JANE STREET EXECUTION SERVICES, LLC | $3K | 8.82% |
| Susquehanna Capital Group | $2K | 7.07% |
| CANACCORD GENUITY WEALTH | $2K | 4.76% |
| Cowen | $372 | 1.08% |
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.