C000258279 Fees and Costs — Venerable Mid Cap Index Fund, Class V
Data updated: 2026-08-27
The net expense ratio is 0.65%: a 0.26% management fee, a 0.30% 12b-1 fee plus 0.14% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $147K in broker commissions, 0.0135% of average net assets, and portfolio turnover was 57%.
C000258279 Fees and Expenses
Annual operating expenses and sales charges of C000258279. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.26% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.14% |
| Gross expense ratio | 0.70% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.65% |
| 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 |
C000258279 Costs Over Time
On $10,000 invested in C000258279, assuming 5% a year before costs, total costs come to $418 over 5 years, cutting the return by 0.70% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $1 | $4 | $8 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $70 | $229 | $418 |
| Value after costs | $10,430 | $11,347 | $12,345 |
| Impact on return, per year | 0.70% | 0.70% | 0.70% |
C000258279 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): 0.0135%
- Total broker commissions: $147K
- Bought from dealers (principal trades, not a cost): $191.2M
- Portfolio turnover (prospectus): 57%
- Securities lending: none during the year
C000258279 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $55K | 34.81% |
| BNY Capital Markets, LLC | $45K | 28.25% |
| UBS Securities LLC | $37K | 23.44% |
| Russell Investments Implementation Services, LLC | $11K | 7.02% |
| BofA Securities, Inc. | $6K | 3.85% |
| Nomura Securities International, Inc. | $2K | 1.09% |
| Morgan Stanley & Co. LLC | $2K | 0.98% |
| Goldman Sachs & Co. LLC | $583 | 0.37% |
| Citigroup Global Markets Inc. | $236 | 0.15% |
| Wells Fargo Securities, LLC | $75 | 0.05% |
C000258279 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $191.2M | 100.00% |
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.