C000259888 Fees and Costs — Active/Passive Conservative Portfolio
Data updated: 2026-08-20
The net expense ratio is 0.54% (0.81% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3K in broker commissions, 0.0096% of average net assets, and portfolio turnover was 9%.
C000259888 Fees and Expenses
Annual operating expenses and sales charges of C000259888. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.39% |
| Gross expense ratio | 0.81% |
| Fee waiver | −0.27% |
| Net expense ratio | 0.54% |
| 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 |
C000259888 Costs Over Time
On $10,000 invested in C000259888, assuming 5% a year before costs, total costs come to $347 over 5 years, cutting the return by 0.58% 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 0.54%) | $57 | $178 | $310 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $58 | $190 | $347 |
| Value after costs | $10,442 | $11,386 | $12,416 |
| Impact on return, per year | 0.58% | 0.58% | 0.58% |
C000259888 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): 0.0096%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $14.7M
- Portfolio turnover (prospectus): 9%
- Securities lending: none during the year
C000259888 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| WallachBeth Capital, LLC | $2K | 83.00% |
| Nomura Securities International, Inc. | $201 | 7.65% |
| Citadel Securities LLC | $107 | 4.07% |
| Jane Street Execution Services, LLC | $78 | 2.96% |
| Cabrera Capital Markets LLC | $61 | 2.33% |
C000259888 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $14.7M | 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.