C000260396 Fees and Costs — Blue Chip Account, Class 2
Data updated: 2026-08-25
The net expense ratio is 0.90%: a 0.60% management fee, a 0.25% 12b-1 fee plus 0.08% other expenses, less a 0.03% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $4K in broker commissions, 0.0152% of average net assets, and portfolio turnover was 37%.
C000260396 Fees and Expenses
Annual operating expenses and sales charges of C000260396. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.08% |
| Gross expense ratio | 0.93% |
| Fee waiver | −0.03% |
| 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 |
C000260396 Costs Over Time
On $10,000 invested in C000260396, assuming 5% a year before costs, total costs come to $573 over 5 years, cutting the return by 0.96% 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) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $96 | $315 | $573 |
| Value after costs | $10,404 | $11,261 | $12,189 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
C000260396 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): 0.0152%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 37%
- Securities on loan, average value: $15K
- Net income from securities lending: $59 (0.000% of average net assets)
C000260396 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| STATE STREET FINANCIAL GLOBAL MARKETS | $952 | 28.16% |
| BMO CAPITAL MARKETS | $723 | 21.39% |
| BARCLAYS CAPITAL INC. | $466 | 13.79% |
| STEPHENS INC. | $249 | 7.38% |
| TD BANK FINANCIAL GROUP | $249 | 7.38% |
| SANFORD C. BERNSTEIN & CO. | $226 | 6.69% |
| J.P. MORGAN SECURITIES LLC | $149 | 4.41% |
| VIRTU FINANCIAL LLC | $139 | 4.13% |
| LIQUIDNET | $121 | 3.57% |
| GOLDMAN SACHS CO. | $105 | 3.11% |
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.