C000258081 Fees and Costs — NVIT Fidelity Institutional AM Worldwide Fund, Class II
Data updated: 2026-08-26
The net expense ratio is 1.05%: a 0.46% management fee, a 0.25% 12b-1 fee plus 0.58% other expenses, less a 0.24% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $35K in broker commissions, 0.0905% of average net assets, and portfolio turnover was 90%.
C000258081 Fees and Expenses
Annual operating expenses and sales charges of C000258081. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.46% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.58% |
| Gross expense ratio | 1.29% |
| Fee waiver | −0.24% |
| Net expense ratio | 1.05% |
| 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 | Yes |
C000258081 Costs Over Time
On $10,000 invested in C000258081, assuming 5% a year before costs, total costs come to $711 over 5 years, cutting the return by 1.20% 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 1.05%) | $110 | $343 | $595 |
| Trading costs (broker commissions) | $10 | $30 | $51 |
| Lost growth on money paid in costs | $0 | $18 | $65 |
| Total costs | $120 | $392 | $711 |
| Value after costs | $10,380 | $11,185 | $12,051 |
| Impact on return, per year | 1.20% | 1.20% | 1.20% |
C000258081 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): 0.0905%
- Total broker commissions: $35K
- Bought from dealers (principal trades, not a cost): $8.5M
- Portfolio turnover (prospectus): 90%
- Securities on loan, average value: $824K
- Net income from securities lending: $6K (0.016% of average net assets)
C000258081 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $6K | 20.52% |
| Goldman Sachs & Co. LLC | $6K | 20.06% |
| Morgan Stanley & Co. LLC | $5K | 15.69% |
| J.P. Morgan Securities LLC | $4K | 14.25% |
| BofA Securities, Inc. | $3K | 8.90% |
| Jefferies LLC | $2K | 8.11% |
| UBS Securities LLC | $1K | 4.56% |
| National Financial Services LLC | $1K | 3.61% |
| BNP Paribas Securities Corp. | $666 | 2.18% |
| Barclays Capital, Inc. | $648 | 2.12% |
C000258081 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $3.5M | 41.23% |
| Brown Brothers Investments, LLC | $2.2M | 26.22% |
| Nortrust Nominees Limited | $1.1M | 12.87% |
| Bank of New York Mellon Corp. | $693K | 8.26% |
| Healthcare of Ontario Pension Plan Trust Fund | $443K | 5.28% |
| Goldman Sachs & Co. LLC | $149K | 1.77% |
| Jefferies LLC | $131K | 1.57% |
| Stifel, Nicolaus & Company, Incorporated | $105K | 1.25% |
| Citigroup Global Markets Inc. | $88K | 1.05% |
| J.P. Morgan Securities LLC | $42K | 0.50% |
NVIT Fidelity Institutional AM Worldwide Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000258083 | Class I | 0.80% | — |
| C000258081 | Class II | 1.05% | — |
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.