C000259911 Fees and Costs — Venerable World Equity Fund, Class I
Data updated: 2026-08-26
The net expense ratio is 0.90%: a 0.75% management fee plus 0.16% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $301K in broker commissions, 0.0264% of average net assets, and portfolio turnover was 33%.
C000259911 Fees and Expenses
Annual operating expenses and sales charges of C000259911. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.91% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.90% |
| 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 |
C000259911 Costs Over Time
On $10,000 invested in C000259911, assuming 5% a year before costs, total costs come to $580 over 5 years, cutting the return by 0.97% 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 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $97 | $319 | $580 |
| Value after costs | $10,403 | $11,257 | $12,182 |
| Impact on return, per year | 0.97% | 0.97% | 0.97% |
C000259911 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): 0.0264%
- Total broker commissions: $301K
- Bought from dealers (principal trades, not a cost): $969.6M
- Portfolio turnover (prospectus): 33%
- Securities lending: none during the year
C000259911 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $72K | 22.97% |
| Nomura Securities International, Inc. | $55K | 17.57% |
| Jefferies LLC | $46K | 14.80% |
| Russell Investments Implementation Services, LLC | $38K | 12.05% |
| Goldman Sachs & Co. LLC | $33K | 10.60% |
| Morgan Stanley & Co. LLC | $25K | 7.94% |
| BNY Capital Markets, LLC | $22K | 7.15% |
| Citigroup Global Markets Inc. | $9K | 2.96% |
| BofA Securities, Inc. | $7K | 2.14% |
| SMBC Nikko Securities America, Inc. | $6K | 1.83% |
C000259911 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $969.6M | 100.00% |
Venerable World Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000259910 | Class V | 0.85% | — |
| C000259911 | Class I | 0.90% | — |
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.