C000218787 Fees and Costs — First Trust Capital Strength Portfolio, Class II
Data updated: 2026-08-21
The net expense ratio is 0.85%: a 0.50% management fee plus 0.53% other expenses, less a 0.18% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $28K in broker commissions, 0.0160% of average net assets, and portfolio turnover was 116%.
C000218787 Fees and Expenses
Annual operating expenses and sales charges of C000218787. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.53% |
| Gross expense ratio | 1.03% |
| Fee waiver | −0.18% |
| Net expense ratio | 0.85% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
C000218787 Costs Over Time
On $10,000 invested in C000218787, assuming 5% a year before costs, total costs come to $543 over 5 years, cutting the return by 0.91% 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 0.85%) | $89 | $279 | $484 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $91 | $298 | $543 |
| Value after costs | $10,409 | $11,278 | $12,220 |
| Impact on return, per year | 0.91% | 0.91% | 0.91% |
C000218787 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): 0.0160%
- Total broker commissions: $28K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 116%
- Securities lending: none during the year
C000218787 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $16K | 56.32% |
| BTIG, LLC | $12K | 43.68% |
First Trust Capital Strength Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000218787 | Class II | 0.85% | none |
| C000218786 | Class I | 1.10% | none |
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.