Investment Expenses

Investment Advisor FeesThe Program is committed to providing full fee transparency. For illustration purposes, the table to the right breaks down program fees based on average across all core Funds available through the Program1. The tables below provide a summary of the various costs and expenses of the Collective Trust with respect to an investment in each of the Funds. These estimated annual expenses are stated as a percentage of the assets of each Fund. The expenses are calculated based on amounts incurred by the Collective Trust for the year ended December 31, 2015 adjusted to reflect estimated reductions relating to operational and contractual changes.  An explanation of the manner in which certain expenses are calculated and the portions of these expenses paid to certain parties in connection with the Program can be found by consulting the Annual Disclosure Document. Each Fund pays transaction costs, such as commissions, when it buys and sells securities (“portfolio turnover”).  A higher portfolio turnover rate may indicate higher transaction costs.  These costs, which are not reflected in Total Annual Fund Operating Expenses, affect Fund performance.

Investment Expenses chart tier 1 Investment Expenses Tier 2
  1.  Fees displayed as unweighted averages across all core Funds available through the Program.
Fees Flyer

Consult our Program Fees Flyer for details.

Voya Advisor Flyer

Our Voya Advisor Service flyer outlines fees related to Professional Account Manager services