C000230801 Fees and Costs — International Growth Portfolio, Class I
Data updated: 2026-08-11
The net expense ratio is 0.99%: a 0.73% management fee, a 0.20% 12b-1 fee plus 0.06% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $799K in broker commissions, 0.1379% of average net assets, and portfolio turnover was 73%.
C000230801 Fees and Expenses
Annual operating expenses and sales charges of C000230801. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.73% |
| 12b-1 fee | 0.20% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.99% |
| Fee waiver | — |
| Net expense ratio | 0.99% |
| 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 |
C000230801 Costs Over Time
On $10,000 invested in C000230801, assuming 5% a year before costs, total costs come to $704 over 5 years, cutting the return by 1.18% 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 0.99%) | $104 | $324 | $561 |
| Trading costs (broker commissions) | $14 | $45 | $78 |
| Lost growth on money paid in costs | $0 | $18 | $65 |
| Total costs | $118 | $387 | $704 |
| Value after costs | $10,382 | $11,189 | $12,059 |
| Impact on return, per year | 1.18% | 1.18% | 1.18% |
C000230801 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): 0.1379%
- Total broker commissions: $799K
- Bought from dealers (principal trades, not a cost): $34.4M
- Portfolio turnover (prospectus): 73%
- Securities on loan, average value: $1.0M
- Net income from securities lending: $7K (0.001% of average net assets)
C000230801 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $215K | 30.76% |
| Morgan Stanley & Co. LLC | $124K | 17.84% |
| Citigroup Global Markets Inc. | $109K | 15.65% |
| J.P. Morgan Securities LLC | $78K | 11.13% |
| Deutsche Bank Securities Inc. | $38K | 5.47% |
| Daiwa Capital Markets America Inc. | $31K | 4.47% |
| UBS Securities LLC | $29K | 4.15% |
| RBC Capital Markets, LLC | $28K | 4.03% |
| Goldman Sachs & Co. LLC | $23K | 3.28% |
| Nomura Securities International, Inc. | $23K | 3.23% |
C000230801 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Deutsche Bank Securities Inc. | $29.6M | 85.96% |
| State Street Bank and Trust Company | $4.8M | 14.04% |
International Growth Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000230800 | Class P | 0.79% | — |
| C000230801 | Class I | 0.99% | — |
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.