C000211494 Fees and Costs — SA Fidelity Institutional AM International Growth Portfolio, Class 3
Data updated: 2026-09-28
The net expense ratio is 1.14%: a 0.77% management fee, a 0.25% 12b-1 fee plus 0.14% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $355K in broker commissions, 0.1407% of average net assets, and portfolio turnover was 115%.
C000211494 Fees and Expenses
Annual operating expenses and sales charges of C000211494. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.77% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.14% |
| Gross expense ratio | 1.16% |
| Fee waiver | −0.02% |
| 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 |
C000211494 Costs Over Time
On $10,000 invested in C000211494, assuming 5% a year before costs, total costs come to $797 over 5 years, cutting the return by 1.34% 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 | $372 | $644 |
| Trading costs (broker commissions) | $15 | $46 | $79 |
| Lost growth on money paid in costs | $0 | $21 | $73 |
| Total costs | $134 | $439 | $797 |
| Value after costs | $10,366 | $11,137 | $11,966 |
| Impact on return, per year | 1.34% | 1.34% | 1.34% |
C000211494 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): 0.1407%
- Total broker commissions: $355K
- Bought from dealers (principal trades, not a cost): $5.5M
- Portfolio turnover (prospectus): 115%
- Securities lending: none during the year
C000211494 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $80K | 23.87% |
| Goldman Sachs & Co. LLC | $51K | 15.40% |
| Morgan Stanley & Co. LLC | $48K | 14.43% |
| UBS Securities LLC | $41K | 12.34% |
| BofA Securities, Inc. | $38K | 11.26% |
| Jefferies LLC | $28K | 8.52% |
| BNP Paribas Securities Corp. | $19K | 5.79% |
| Citigroup Global Markets Inc. | $13K | 3.81% |
| Barclays Capital Inc. | $11K | 3.23% |
| SG Americas Securities, LLC | $5K | 1.35% |
C000211494 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $2.5M | 45.82% |
| Jefferies LLC | $2.3M | 42.26% |
| J.P. Morgan Securities LLC | $660K | 11.91% |
| National Bank of Canada Financial Inc. | $0 | 0.00% |
SA Fidelity Institutional AM International Growth Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000211493 | Class 1 | 0.89% | — |
| C000211494 | Class 3 | 1.14% | — |
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.