C000266306 Fees and Costs — AVIP Intech U.S. Low Volatility Portfolio
Data updated: 2026-08-26
The net expense ratio is 0.87%: a 0.57% 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 $103K in broker commissions, 0.0176% of average net assets, and portfolio turnover was 90%.
C000266306 Fees and Expenses
Annual operating expenses and sales charges of C000266306. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.57% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.05% |
| Gross expense ratio | 0.87% |
| Fee waiver | — |
| Net expense ratio | 0.87% |
| 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 |
C000266306 Costs Over Time
On $10,000 invested in C000266306, assuming 5% a year before costs, total costs come to $556 over 5 years, cutting the return by 0.93% 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 0.87%) | $91 | $285 | $495 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $14 | $51 |
| Total costs | $93 | $306 | $556 |
| Value after costs | $10,407 | $11,271 | $12,206 |
| Impact on return, per year | 0.93% | 0.93% | 0.93% |
C000266306 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): 0.0176%
- Total broker commissions: $103K
- Bought from dealers (principal trades, not a cost): $1.2B
- Portfolio turnover (prospectus): 90%
- Securities lending: none during the year
C000266306 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SG AMERICAS SECURITIES LLC | $21K | 20.34% |
| BOFA SECURITIES, INC. | $21K | 19.97% |
| INSTINET LLC | $18K | 17.25% |
| BOFA SECURITIES, INC | $14K | 13.71% |
| UBS SECURITIES LLC | $14K | 13.50% |
| MORGAN STANLEY CO INCORPORATED | $8K | 7.73% |
| J P MORGAN SECURITIES INC | $8K | 7.50% |
C000266306 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $251.5M | 21.26% |
| SG AMERICAS SECURITIES LLC | $232.2M | 19.62% |
| BOFA SECURITIES, INC | $212.3M | 17.94% |
| INSTINET LLC | $181.0M | 15.30% |
| UBS SECURITIES LLC | $146.8M | 12.41% |
| J P MORGAN SECURITIES INC | $88.2M | 7.45% |
| MORGAN STANLEY CO INCORPORATED | $71.2M | 6.01% |
AVIP Intech U.S. Low Volatility Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000218950 | Class I | 0.62% | — |
| C000266306 | C000266306 | 0.87% | — |
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.