C000214976 Fees and Costs — SA Franklin Systematic U.S. Large Cap Core Portfolio, Class 1
Data updated: 2026-09-28
The net expense ratio is 0.54%: a 0.48% management fee plus 0.06% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $113K in broker commissions, 0.0381% of average net assets, and portfolio turnover was 82%.
C000214976 Fees and Expenses
Annual operating expenses and sales charges of C000214976. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.54% |
| Fee waiver | — |
| Net expense ratio | 0.54% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000214976 Costs Over Time
On $10,000 invested in C000214976, assuming 5% a year before costs, total costs come to $365 over 5 years, cutting the return by 0.61% 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 0.54%) | $57 | $178 | $310 |
| Trading costs (broker commissions) | $4 | $13 | $22 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $61 | $200 | $365 |
| Value after costs | $10,439 | $11,377 | $12,398 |
| Impact on return, per year | 0.61% | 0.61% | 0.61% |
C000214976 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): 0.0381%
- Total broker commissions: $113K
- Bought from dealers (principal trades, not a cost): $791.1M
- Portfolio turnover (prospectus): 82%
- Securities lending: none during the year
C000214976 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BNY Capital Markets, LLC | $31K | 27.18% |
| Citigroup Global Markets Inc. | $20K | 18.05% |
| SG Americas Securities, LLC | $19K | 16.97% |
| RBC Capital Markets, LLC | $14K | 12.42% |
| Morgan Stanley & Co. LLC | $11K | 9.53% |
| Barclays Capital Inc. | $8K | 7.33% |
| Goldman Sachs & Co. LLC | $4K | 3.37% |
| J.P. Morgan Securities LLC | $2K | 2.13% |
| TD Securities (USA) LLC | $2K | 1.72% |
| BofA Securities, Inc. | $1K | 1.30% |
C000214976 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $376.3M | 47.57% |
| J.P. Morgan Securities LLC | $253.4M | 32.03% |
| State Street Bank and Trust Company | $159.0M | 20.10% |
| Deutsche Bank Securities Inc. | $2.4M | 0.30% |
SA Franklin Systematic U.S. Large Cap Core Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000214976 | Class 1 | 0.54% | — |
| C000214975 | Class 3 | 0.79% | — |
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.