FBAAX Fees and Costs — AIG Active Allocation Fund, Class A
Data updated: 2021-06-29
The net expense ratio is 1.52%. This share class carries a maximum front-end sales load of 5.75%. Portfolio turnover was 18%.
FBAAX Fees and Expenses
Annual operating expenses and sales charges of FBAAX. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.10% |
| 12b-1 fee | — |
| Other expenses | 0.16% |
| Gross expense ratio | 1.52% |
| Fee waiver | — |
| Net expense ratio | 1.52% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
FBAAX Costs Over Time
On $10,000 invested in FBAAX, assuming 5% a year before costs, total costs come to $1,621 over 5 years, cutting the return by 2.81% 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 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.52%) | $150 | $467 | $805 |
| Lost growth on money paid in costs | $29 | $114 | $241 |
| Total costs | $754 | $1,156 | $1,621 |
| Value after costs | $9,746 | $10,421 | $11,142 |
| Impact on return, per year | 7.54% | 3.62% | 2.81% |
FBAAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 18%
- Securities lending: none during the year
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.