C000210770 Fees and Costs — NVIT JPMorgan MozaicSM Multi-Asset Fund, Class Y
Data updated: 2024-05-20
The net expense ratio is 0.43%: a 0.28% management fee plus 0.74% 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%.
C000210770 Fees and Expenses
Annual operating expenses and sales charges of C000210770. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.28% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.74% |
| Gross expense ratio | 1.02% |
| Fee waiver | −0.59% |
| Net expense ratio | 0.43% |
| 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 |
C000210770 Costs Over Time
On $10,000 invested in C000210770, assuming 5% a year before costs, total costs come to $291 over 5 years, cutting the return by 0.48% 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 0.43%) | $45 | $142 | $247 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $7 | $27 |
| Total costs | $48 | $159 | $291 |
| Value after costs | $10,452 | $11,417 | $12,472 |
| Impact on return, per year | 0.48% | 0.48% | 0.48% |
C000210770 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
C000210770 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% |
C000210770 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.