C000213004 Fees and Costs — Nomura VIP Limited Duration Bond Series, Standard Class
Data updated: 2026-08-24
The net expense ratio is 0.53%: a 0.50% management fee plus 0.85% other expenses, less a 0.82% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $959 in broker commissions, 0.0060% of average net assets, and portfolio turnover was 247%.
C000213004 Fees and Expenses
Annual operating expenses and sales charges of C000213004. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.85% |
| Gross expense ratio | 1.35% |
| Fee waiver | −0.82% |
| Net expense ratio | 0.53% |
| 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 | No |
C000213004 Costs Over Time
On $10,000 invested in C000213004, assuming 5% a year before costs, total costs come to $338 over 5 years, cutting the return by 0.56% 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 0.53%) | $56 | $174 | $304 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $56 | $185 | $338 |
| Value after costs | $10,444 | $11,391 | $12,424 |
| Impact on return, per year | 0.56% | 0.56% | 0.56% |
C000213004 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0060%
- Total broker commissions: $959
- Bought from dealers (principal trades, not a cost): $75.3M
- Portfolio turnover (prospectus): 247%
- Securities lending: none during the year
C000213004 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ADVANTAGE SECURITIES LLC | $727 | 75.81% |
| CitiGroup Global Markets Inc. | $232 | 24.19% |
C000213004 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STONEX FINANCIAL INC. | $16.3M | 24.04% |
| BOFA SECURITIES, INC. | $12.7M | 18.73% |
| BMO HARRIS FINANCIAL ADVISORS, INC. | $11.1M | 16.40% |
| CITADEL SECURITIES LLC | $7.0M | 10.29% |
| R. SEELAUS & CO., INC. | $5.5M | 8.13% |
| Santander US Capital Markets LLC | $5.0M | 7.41% |
| GOLDMAN SACHS & CO. LLC | $3.9M | 5.74% |
| TD SECURITIES (USA) LLC | $3.1M | 4.56% |
| BARCLAYS CAPITAL, INC. | $1.7M | 2.46% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $1.5M | 2.22% |
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.