QLMLFX Fees and Costs — Franklin Multi-Asset Variable Conservative Growth, Class I
Data updated: 2026-08-26
The net expense ratio is 0.59%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $10K in broker commissions, 0.0127% of average net assets, and portfolio turnover was 19%.
QLMLFX Fees and Expenses
Annual operating expenses and sales charges of QLMLFX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.13% |
| Gross expense ratio | 0.59% |
| Fee waiver | — |
| Net expense ratio | 0.59% |
| 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 |
QLMLFX Costs Over Time
On $10,000 invested in QLMLFX, assuming 5% a year before costs, total costs come to $380 over 5 years, cutting the return by 0.63% 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 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $208 | $380 |
| Value after costs | $10,437 | $11,368 | $12,383 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
QLMLFX 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): 0.0127%
- Total broker commissions: $10K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 19%
- Securities lending: none during the year
QLMLFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $5K | 49.31% |
| JANE STREET CAPITAL, LLC | $4K | 37.33% |
| GOLDMAN SACHS & CO. LLC | $643 | 6.72% |
| TD SECURITIES (USA) LLC | $635 | 6.64% |
Franklin Multi-Asset Variable Conservative Growth Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| QLMLFX | Class I | 0.59% | — |
| QVCIIX | Class II | 0.84% | — |
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.