C000194820 Fees and Costs — Eq/jpmorgan Growth Allocation Portfolio, Class K
Data updated: 2026-08-25
The net expense ratio is 0.95% (1.01% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $116K in broker commissions, 0.0136% of average net assets, and portfolio turnover was 10%.
C000194820 Fees and Expenses
Annual operating expenses and sales charges of C000194820. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 1.01% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.95% |
| 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 | Yes |
C000194820 Costs Over Time
On $10,000 invested in C000194820, assuming 5% a year before costs, total costs come to $603 over 5 years, cutting the return by 1.01% 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 0.95%) | $100 | $311 | $540 |
| Trading costs (broker commissions) | $1 | $4 | $8 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $331 | $603 |
| Value after costs | $10,399 | $11,245 | $12,160 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
C000194820 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): 0.0136%
- Total broker commissions: $116K
- Bought from dealers (principal trades, not a cost): $7.4B
- Portfolio turnover (prospectus): 10%
- Securities lending: none during the year
C000194820 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $54K | 47.06% |
| Citadel Securities LLC | $23K | 19.76% |
| Jane Street Capital, LLC | $9K | 8.09% |
| BofA Securities, Inc. | $8K | 7.33% |
| BNP Paribas Securities Corp. | $8K | 7.10% |
| Citigroup Global Markets Inc. | $4K | 3.14% |
| Virtu Americas LLC | $3K | 2.68% |
| UBS Securities LLC | $2K | 1.90% |
| Morgan Stanley & Co. LLC | $2K | 1.49% |
| Susquehanna Financial Group, LLLP | $2K | 1.46% |
C000194820 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Academy Securities, Inc. | $3.4B | 48.47% |
| Daiwa Capital Markets America Inc. | $769.5M | 11.10% |
| Jefferies LLC | $643.7M | 9.29% |
| Wells Fargo Securities, LLC | $636.5M | 9.18% |
| Barclays Capital, Inc. | $538.1M | 7.76% |
| Citigroup Global Markets Inc. | $301.7M | 4.35% |
| BMO Nesbitt Burns Securities Ltd. | $264.0M | 3.81% |
| Nomura Securities International, Inc. | $194.2M | 2.80% |
| Morgan Stanley & Co. LLC | $116.1M | 1.68% |
| BNP Paribas Securities Corp. | $107.7M | 1.55% |
Eq/jpmorgan Growth Allocation Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000194820 | Class K | 0.95% | — |
| C000194819 | Class IB | 1.15% | — |
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.