FVHKV Fees and Costs — VIP Hedged Equity Portfolio, Service Class
Data updated: 2026-08-24
The net expense ratio is 0.62%: a 0.50% management fee, a 0.10% 12b-1 fee plus 1.27% other expenses, less a 1.25% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1K in broker commissions, 0.0195% of average net assets, and portfolio turnover was 76%.
FVHKV Fees and Expenses
Annual operating expenses and sales charges of FVHKV. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.10% |
| Other expenses | 1.27% |
| Gross expense ratio | 1.87% |
| Fee waiver | −1.25% |
| Net expense ratio | 0.62% |
| 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 |
FVHKV Costs Over Time
On $10,000 invested in FVHKV, assuming 5% a year before costs, total costs come to $403 over 5 years, cutting the return by 0.67% 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 0.62%) | $65 | $204 | $355 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $67 | $221 | $403 |
| Value after costs | $10,433 | $11,356 | $12,360 |
| Impact on return, per year | 0.67% | 0.67% | 0.67% |
FVHKV 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): 0.0195%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 76%
- Securities lending: none during the year
FVHKV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $285 | 22.83% |
| MORGAN STANLEY | $249 | 19.92% |
| BANK OF AMERICA CORPORATION | $156 | 12.48% |
| JPMORGAN CHASE and CO | $118 | 9.44% |
| VIRTU FINANCIAL INC | $93 | 7.43% |
| BARCLAYS PLC | $85 | 6.77% |
| ROYAL BANK OF CANADA | $72 | 5.76% |
| CITIGROUP INC | $71 | 5.65% |
| JEFFERIES FINANCIAL GROUP INC | $61 | 4.89% |
| UBS GROUP AG | $60 | 4.84% |
VIP Hedged Equity Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FVHJV | Initial Class | 0.52% | — |
| FVHMV | Investor Class | 0.56% | — |
| FVHKV | Service Class | 0.62% | — |
| FVHLV | Service Class 2 | 0.77% | — |
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.