C000199991 Fees and Costs — SA Large Cap Value Index Portfolio, Class 1
Data updated: 2026-09-28
The net expense ratio is 0.35%: a 0.30% management fee plus 0.06% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $27K in broker commissions, 0.0042% of average net assets, and portfolio turnover was 42%.
C000199991 Fees and Expenses
Annual operating expenses and sales charges of C000199991. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.36% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.35% |
| 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 |
C000199991 Costs Over Time
On $10,000 invested in C000199991, assuming 5% a year before costs, total costs come to $224 over 5 years, cutting the return by 0.37% 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 0.35%) | $37 | $115 | $202 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $6 | $20 |
| Total costs | $37 | $123 | $224 |
| Value after costs | $10,463 | $11,454 | $12,538 |
| Impact on return, per year | 0.37% | 0.37% | 0.37% |
C000199991 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): 0.0042%
- Total broker commissions: $27K
- Bought from dealers (principal trades, not a cost): $226.2M
- Portfolio turnover (prospectus): 42%
- Securities lending: none during the year
C000199991 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $9K | 38.05% |
| Macquarie Capital (USA) Inc. | $3K | 12.45% |
| Barclays Capital Inc. | $3K | 12.26% |
| BofA Securities, Inc. | $2K | 9.33% |
| UBS Securities LLC | $2K | 6.56% |
| RBC Capital Markets, LLC | $1K | 5.99% |
| Nomura Securities International, Inc. | $1K | 4.58% |
| BNP Paribas Securities Corp. | $1K | 4.57% |
| Goldman Sachs & Co. LLC | $822 | 3.36% |
| Citigroup Global Markets Inc. | $698 | 2.85% |
C000199991 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $225.9M | 99.84% |
| BofA Securities, Inc. | $236K | 0.10% |
| Jefferies LLC | $110K | 0.05% |
| Morgan Stanley & Co. LLC | $3K | 0.00% |
| Barclays Capital Inc. | $2K | 0.00% |
| BNP Paribas Securities Corp. | $2K | 0.00% |
| UBS Securities LLC | $2K | 0.00% |
| Citigroup Global Markets Inc. | $1K | 0.00% |
| J.P. Morgan Securities LLC | $311 | 0.00% |
SA Large Cap Value 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 |
|---|---|---|---|
| C000199991 | Class 1 | 0.35% | — |
| C000199992 | Class 3 | 0.60% | — |
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.