C000223419 Fees and Costs — Diversified Balanced Adaptive Allocation Account, Class 3
Data updated: 2026-08-25
The net expense ratio is 0.68%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2K in broker commissions, 0.0011% of average net assets, and portfolio turnover was 41%.
C000223419 Fees and Expenses
Annual operating expenses and sales charges of C000223419. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.12% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.68% |
| Fee waiver | — |
| Net expense ratio | 0.68% |
| 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 |
C000223419 Costs Over Time
On $10,000 invested in C000223419, assuming 5% a year before costs, total costs come to $429 over 5 years, cutting the return by 0.72% 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 0.68%) | $71 | $224 | $389 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $72 | $235 | $429 |
| Value after costs | $10,428 | $11,341 | $12,334 |
| Impact on return, per year | 0.72% | 0.72% | 0.72% |
C000223419 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): 0.0011%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $76.4M
- Portfolio turnover (prospectus): 41%
- Securities lending: none during the year
C000223419 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JANE STREET CAPITAL | $691 | 30.47% |
| SUSQUEHANNA FINANCIAL GROUP INC. | $583 | 25.70% |
| NATALLIANCE SECURITIES | $246 | 10.83% |
| BANK OF AMERICA | $238 | 10.50% |
| J.P. MORGAN SECURITIES LLC | $171 | 7.53% |
| GOLDMAN SACHS CO. | $109 | 4.83% |
| CASTLEOAK SECURITIES LP | $87 | 3.84% |
| JONES TRADING INSTITUTIONAL SERVICES LLC | $55 | 2.41% |
| BESTEX RESEARCH | $48 | 2.12% |
| SEAPORT GLOBAL SECURITIES | $40 | 1.77% |
Diversified Balanced Adaptive Allocation Account Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000178859 | Class 2 | 0.53% | — |
| C000223419 | Class 3 | 0.68% | — |
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.