C000259890 Fees and Costs — Active/Passive Very Aggressive Portfolio
Data updated: 2026-08-20
The net expense ratio is 0.63% (0.81% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $4K in broker commissions, 0.0100% of average net assets, and portfolio turnover was 25%.
C000259890 Fees and Expenses
Annual operating expenses and sales charges of C000259890. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.30% |
| Gross expense ratio | 0.81% |
| Fee waiver | −0.18% |
| Net expense ratio | 0.63% |
| 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 |
C000259890 Costs Over Time
On $10,000 invested in C000259890, assuming 5% a year before costs, total costs come to $403 over 5 years, cutting the return by 0.67% 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 0.63%) | $66 | $207 | $361 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $67 | $221 | $403 |
| Value after costs | $10,433 | $11,355 | $12,360 |
| Impact on return, per year | 0.67% | 0.67% | 0.67% |
C000259890 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): 0.0100%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $21.7M
- Portfolio turnover (prospectus): 25%
- Securities lending: none during the year
C000259890 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| WallachBeth Capital, LLC | $2K | 51.03% |
| Citadel Securities LLC | $539 | 15.22% |
| Nomura Securities International, Inc. | $418 | 11.81% |
| Cabrera Capital Markets LLC | $403 | 11.39% |
| Jane Street Execution Services, LLC | $179 | 5.06% |
| BofA Securities, Inc. | $76 | 2.15% |
| Morgan Stanley & Co. LLC | $42 | 1.20% |
| J.P. Morgan Securities LLC | $36 | 1.02% |
| Barclays Capital Inc. | $29 | 0.81% |
| UBS Securities LLC | $11 | 0.31% |
C000259890 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $21.7M | 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.