C000207181 Fees and Costs — EQ/AXA Investment Managers Moderate Allocation Portfolio, Class K
Data updated: 2022-11-28
The net expense ratio is 0.95% (1.21% before fee waivers). There are no sales loads or redemption fees. In fiscal 2021 the fund paid $7K in broker commissions, 0.0184% of average net assets, and portfolio turnover was 8%.
C000207181 Fees and Expenses
Annual operating expenses and sales charges of C000207181. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.32% |
| Gross expense ratio | 1.21% |
| Fee waiver | −0.26% |
| 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 |
C000207181 Costs Over Time
On $10,000 invested in C000207181, assuming 5% a year before costs, total costs come to $606 over 5 years, cutting the return by 1.02% 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) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $102 | $333 | $606 |
| Value after costs | $10,398 | $11,243 | $12,157 |
| Impact on return, per year | 1.02% | 1.02% | 1.02% |
C000207181 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): 0.0184%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $20.3M
- Portfolio turnover (prospectus): 8%
- Securities lending: none during the year
C000207181 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ICAP Securities USA LLC | $6K | 81.11% |
| Piper Sandler & Co. | $862 | 11.72% |
| BMO Nesbitt Burns Securities Ltd. | $409 | 5.55% |
| Pershing LLC | $101 | 1.38% |
| BMO Capital Markets Corp. | $18 | 0.24% |
C000207181 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $20.3M | 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.