C000266299 Fees and Costs — AVIP S&P MidCap 400 Index Portfolio
Data updated: 2026-08-26
The net expense ratio is 0.66%: a 0.35% management fee, a 0.25% 12b-1 fee plus 0.06% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $5K in broker commissions, 0.0009% of average net assets, and portfolio turnover was 20%.
C000266299 Fees and Expenses
Annual operating expenses and sales charges of C000266299. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.66% |
| Fee waiver | — |
| Net expense ratio | 0.66% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000266299 Costs Over Time
On $10,000 invested in C000266299, assuming 5% a year before costs, total costs come to $416 over 5 years, cutting the return by 0.69% 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 0.66%) | $69 | $217 | $378 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $69 | $228 | $416 |
| Value after costs | $10,431 | $11,348 | $12,347 |
| Impact on return, per year | 0.69% | 0.69% | 0.69% |
C000266299 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): 0.0009%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $244.2M
- Portfolio turnover (prospectus): 20%
- Securities lending: none during the year
C000266299 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY CO INCORPORATED | $2K | 44.39% |
| INSTINET LLC | $788 | 15.84% |
| JEFFERIES LLC | $736 | 14.81% |
| JPMORGAN CHASE BANK, N.A. | $545 | 10.96% |
| BARCLAYS CAPITAL | $342 | 6.88% |
| MIZUHO SECURITIES USA INC | $225 | 4.52% |
| MACQUARIE CAPITAL (USA) INC | $67 | 1.34% |
| MERRILL LYNCH PIERCE FENNER AND S | $62 | 1.26% |
C000266299 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE BANK, N.A. | $105.3M | 45.00% |
| JEFFERIES LLC | $29.4M | 12.55% |
| INSTINET LLC | $27.1M | 11.56% |
| BARCLAYS CAPITAL | $20.8M | 8.91% |
| GOLDMAN SACHS + CO LLC | $14.8M | 6.31% |
| MIZUHO SECURITIES USA INC | $9.0M | 3.82% |
| MERRILL LYNCH PIERCE FENNER AND S | $8.5M | 3.62% |
| MACQUARIE CAPITAL (USA) INC | $6.9M | 2.94% |
| UBS AG | $6.8M | 2.91% |
| MORGAN STANLEY CO INCORPORATED | $5.6M | 2.38% |
AVIP S&P MidCap 400 Index Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000021428 | Class I | 0.41% | — |
| C000266299 | C000266299 | 0.66% | — |
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.