C000214169 Fees and Costs — Mutual of America VIP Small-Cap Growth Portfolio
Data updated: 2023-11-16
The net expense ratio is 0.90%: a 0.75% management fee plus 1.71% other expenses, less a 1.56% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $12K in broker commissions, 0.1040% of average net assets, and portfolio turnover was 68%.
C000214169 Fees and Expenses
Annual operating expenses and sales charges of C000214169. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 1.71% |
| Gross expense ratio | 2.46% |
| Fee waiver | −1.56% |
| Net expense ratio | 0.90% |
| 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 |
C000214169 Costs Over Time
On $10,000 invested in C000214169, assuming 5% a year before costs, total costs come to $628 over 5 years, cutting the return by 1.05% 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 0.90%) | $94 | $295 | $511 |
| Trading costs (broker commissions) | $11 | $34 | $59 |
| Lost growth on money paid in costs | $0 | $16 | $58 |
| Total costs | $105 | $345 | $628 |
| Value after costs | $10,395 | $11,231 | $12,135 |
| Impact on return, per year | 1.05% | 1.05% | 1.05% |
C000214169 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.1040%
- Total broker commissions: $12K
- Bought from dealers (principal trades, not a cost): $43K
- Portfolio turnover (prospectus): 68%
- Securities lending: none during the year
C000214169 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $3K | 25.07% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED | $2K | 14.96% |
| FIDELITY MANAGEMENT & RESEARCH COMPANY | $2K | 14.18% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $1K | 9.17% |
| Jefferies LLC | $879 | 8.05% |
| ROYAL BANK OF CANADA | $830 | 7.60% |
| INSTINET, LLC | $824 | 7.54% |
| RAYMOND JAMES (USA) LTD. | $583 | 5.33% |
| CREDIT SUISSE SECURITIES (USA) LLC | $455 | 4.16% |
| MORGAN STANLEY & CO. LLC | $430 | 3.93% |
C000214169 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co, LLC | $43K | 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.