C000210769 Fees and Costs — NVIT JPMorgan MozaicSM Multi-Asset Fund, Class II
Data updated: 2024-05-20
The net expense ratio is 0.93%: a 0.28% management fee, a 0.25% 12b-1 fee plus 0.99% other expenses, less a 0.59% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $11K in broker commissions, 0.0299% of average net assets, and portfolio turnover was 91%.
C000210769 Fees and Expenses
Annual operating expenses and sales charges of C000210769. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.28% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.99% |
| Gross expense ratio | 1.52% |
| Fee waiver | −0.59% |
| Net expense ratio | 0.93% |
| 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 |
C000210769 Costs Over Time
On $10,000 invested in C000210769, assuming 5% a year before costs, total costs come to $601 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 0.93%) | $98 | $305 | $529 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $330 | $601 |
| Value after costs | $10,399 | $11,246 | $12,162 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
C000210769 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0299%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): $12.5M
- Portfolio turnover (prospectus): 91%
- Securities lending: none during the year
C000210769 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $6K | 55.15% |
| Goldman Sachs & Co. LLC | $3K | 24.27% |
| UBS Securities LLC | $871 | 8.06% |
| Barclays Capital, Inc. | $576 | 5.34% |
| BofA Securities, Inc. | $507 | 4.70% |
| Morgan Stanley & Co. LLC | $200 | 1.85% |
| Deutsche Bank Securities Inc. | $36 | 0.33% |
| RBC Capital Markets, LLC | $26 | 0.24% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $6 | 0.05% |
C000210769 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| TD SECURITIES (USA) LLC | $4.2M | 33.47% |
| HSBC Securities (USA) Inc. | $2.8M | 22.45% |
| Nomura Securities International, Inc. | $2.7M | 22.01% |
| Bank of Montreal | $1.4M | 11.10% |
| CIBC World Markets Corp. | $1.4M | 10.96% |
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.