C000266304 Fees and Costs — AVIP BlackRock Advantage Large Cap Growth Portfolio
Data updated: 2026-08-26
The net expense ratio is 0.96%: a 0.66% management fee, a 0.25% 12b-1 fee plus 0.05% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $28K in broker commissions, 0.0060% of average net assets, and portfolio turnover was 65%.
C000266304 Fees and Expenses
Annual operating expenses and sales charges of C000266304. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.66% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.05% |
| Gross expense ratio | 0.96% |
| Fee waiver | — |
| Net expense ratio | 0.96% |
| 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 |
C000266304 Costs Over Time
On $10,000 invested in C000266304, assuming 5% a year before costs, total costs come to $605 over 5 years, cutting the return by 1.01% 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 0.96%) | $101 | $315 | $546 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $332 | $605 |
| Value after costs | $10,399 | $11,244 | $12,158 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
C000266304 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): 0.0060%
- Total broker commissions: $28K
- Bought from dealers (principal trades, not a cost): $700.5M
- Portfolio turnover (prospectus): 65%
- Securities lending: none during the year
C000266304 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS + CO LLC | $4K | 15.56% |
| CITIGROUP GLOBAL MARKETS INC | $3K | 12.92% |
| J.P. MORGAN SECURITIES LLC | $3K | 12.91% |
| MORGAN STANLEY CO INCORPORATED | $3K | 12.42% |
| UBS SECURITIES LLC | $3K | 11.79% |
| BOFA SECURITIES, INC. | $2K | 9.61% |
| BARCLAYS CAPITAL INC./LE | $2K | 7.82% |
| BNP PARIBAS PRIME BROKERAGE, INC. | $2K | 7.23% |
| WELLS FARGO BK N.A. | $1K | 5.41% |
| JEFFERIES LLC | $1K | 4.34% |
C000266304 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY CO INCORPORATED | $113.7M | 16.81% |
| GOLDMAN SACHS + CO LLC | $108.2M | 16.01% |
| CITIGROUP GLOBAL MARKETS INC | $102.5M | 15.17% |
| BNP PARIBAS PRIME BROKERAGE, INC. | $82.2M | 12.16% |
| J.P. MORGAN SECURITIES LLC | $67.0M | 9.90% |
| UBS SECURITIES LLC | $66.9M | 9.90% |
| BOFA SECURITIES, INC. | $65.9M | 9.74% |
| BARCLAYS CAPITAL INC./LE | $53.1M | 7.85% |
| JEFFERIES LLC | $10.2M | 1.51% |
| WELLS FARGO SECURITIES LLC | $6.4M | 0.94% |
AVIP BlackRock Advantage Large Cap Growth Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000047872 | Class I | 0.71% | — |
| C000266304 | C000266304 | 0.96% | — |
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.