C000203184 Fees and Costs — EQ/Invesco International Growth Portfolio, Class IB
Data updated: 2022-11-28
The net expense ratio is 1.14%: a 0.71% management fee, a 0.25% 12b-1 fee plus 0.18% other expenses. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $211K in broker commissions, 0.0975% of average net assets, and portfolio turnover was 42%.
C000203184 Fees and Expenses
Annual operating expenses and sales charges of C000203184. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.71% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.18% |
| Gross expense ratio | 1.14% |
| Fee waiver | — |
| Net expense ratio | 1.14% |
| 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 |
C000203184 Costs Over Time
On $10,000 invested in C000203184, assuming 5% a year before costs, total costs come to $770 over 5 years, cutting the return by 1.30% 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 1.14%) | $120 | $373 | $644 |
| Trading costs (broker commissions) | $10 | $32 | $55 |
| Lost growth on money paid in costs | $0 | $20 | $71 |
| Total costs | $130 | $424 | $770 |
| Value after costs | $10,370 | $11,152 | $11,992 |
| Impact on return, per year | 1.30% | 1.30% | 1.30% |
C000203184 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0975%
- Total broker commissions: $211K
- Bought from dealers (principal trades, not a cost): $67.9M
- Portfolio turnover (prospectus): 42%
- Securities lending: none during the year
C000203184 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Credit Suisse Securities (USA) LLC | $28K | 19.56% |
| Morgan Stanley & Co. LLC | $20K | 14.07% |
| J.P. Morgan Securities LLC | $16K | 11.33% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $15K | 10.46% |
| Goldman Sachs & Co. LLC | $15K | 10.41% |
| UBS Securities LLC | $13K | 9.30% |
| Berenberg Capital Markets LLC | $10K | 7.01% |
| Macquarie Capital (USA) Inc. | $10K | 6.82% |
| Barclays Capital, Inc. | $8K | 5.92% |
| BofA Securities, Inc. | $7K | 5.12% |
C000203184 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $67.9M | 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.