You also pay any applicable Transaction Fees (as described below), Asset Allocation Model Fees (as described below), as well as the fees of the Investment Portfolios you select and any Investment Advisor you retain.
The current Transaction Fee is $49.99 per transaction for the first 10 transactions in a Contract Year, which we may raise to $74.99 per transaction (for all transactions in a Contract Year).
Total Investment Portfolio Operating Expenses
(expenses that are deducted from Investment Portfolio assets, including management fees, distribution and/or service (12b-1) fees, and other expenses)4 .................................................
￼Gross: 0.17% Net: 0.17%
￼Gross: 5.51% Net: 4.89%
(The minimum and maximum total Investment Portfolio Operating Expenses may be affected by voluntary or contractual waivers or expense reimbursements. These waivers and expense reimbursements will reduce the actual Total Portfolio Operating Expenses for the affected Investment Portfolios. Please refer to the underlying Investment Portfolio prospectuses for details about the specific expenses of each Investment Portfolio. The net numbers displayed above reflect the minimum and maximum charges after contractual waivers that have been committed through at least April 30, 2013. The gross numbers reflect the minimum and maximum charges without giving effect to the agreed upon waivers.)
sscritic wrote:So you understated the difference. I read your OP as comparing 0.02% to 0.29%, a difference of 0.27%. Your updated comparison, using total ER, is 0.31% to 0.59%, a difference of 0.28%. That extra 0.01% savings makes a difference.
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