11/06/2026 | Press release | Distributed by Public on 11/06/2026 09:22
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Trust
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Columbia Funds Variable Insurance Trust
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Columbia Funds Variable Series Trust
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Columbia Funds Variable Series Trust II
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SIMNA LLC
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Schroder Investment Management North America LLC
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Fund
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Subadviser
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Parent
Company/Other
Information
|
Fee Schedule or Aggregate Effective
Fee Rates
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VP - Partners International Core Equity Fund
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SIMNA LLC
(effective May 12, 2020)
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P
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0.310% on the first $1 billion,
declining to 0.290% as assets
increase
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Sub-Subadviser: SIMNA Ltd.
(effective May 12, 2020)
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Q
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63% of fee paid to SIMNA LLC
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Subadvisory Fees Paid
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||||
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Fund
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Subadviser
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|||
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For Funds with fiscal period ending December 31
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2025
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2024
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2023
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VP - Partners International Core Equity Fund
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SIMNA LLC
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$5,566,450
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$5,809,174
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$5,484,117
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Other Accounts Managed (Excluding the Fund)
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Potential
Conflicts
of Interest
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Structure
of
Compensation
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||||
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Fund
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Portfolio
Manager
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Number
and Type
of Account*
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Approximate
Total Net
Assets
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Performance-
Based
Accounts**
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Information is as of December 31, 2025, unless otherwise noted
|
||||||
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VP - Emerging Markets Bond Fund
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Christopher Cooke
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1 RIC
7 PIVs
12 other
accounts
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$349.48 million
$3.71 billion
$2.53 billion
|
None
|
Columbia
Management
|
Threadneedle
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Ed Al-Hussainy(e)
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4 RICs
2 PIVs
10 other
accounts
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$7.77 billion
$346.74 million
$1.33 billion
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None
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Columbia
Management
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Columbia
Management
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VP - Partners International
Core Equity Fund
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SIMNA LLC
Sub-Subadviser:
SIMNA Ltd.:
James Gautrey
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3 RICs
3 PIVs
17 other
accounts
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$11.66 billion
$3.31 billion
$6.80 billion
|
2 RICs
($17.12 B)
1 PIV
($69.11 M)
|
Schroders
|
Schroders
|
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Simon Webber
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4 RICs
4 PIVs
19 other
accounts
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$11.72 billion
$3.39 billion
$7.26 billion
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2 RICs
($17.12 B)
1 PIV
($69.11 M)
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|||
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Fund Name:
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Transition Date:
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VP - Acorn Fund
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October 5, 2026
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VP - Acorn International Fund
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October 5, 2026
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VP - Aggressive Portfolio
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August 31, 2026
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VP - Balanced Fund
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July 27, 2026
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VP - BlackRock Global Inflation-Linked Securities Fund
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July 27, 2026
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VP - CenterSquare Real Estate Fund
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July 27, 2026
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VP - Commodity Strategy Fund
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July 27, 2026
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VP - Conservative Portfolio
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August 31, 2026
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VP - Contrarian Core Fund
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April 20, 2026
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VP - Core Equity Fund
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July 27, 2026
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VP - Cornerstone Equity Fund
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July 27, 2026
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VP - Cornerstone Growth Fund
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July 27, 2026
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VP - Disciplined Core Fund
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July 27, 2026
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VP - Dividend Opportunity Fund
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July 27, 2026
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Fund Name:
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Transition Date:
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VP - Emerging Markets Bond Fund
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July 27, 2026
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VP - Emerging Markets Fund
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July 27, 2026
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VP - Fidelity Institutional AM® Total Bond Fund
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May 1, 2026
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VP - Government Money Market Fund
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July 27, 2026
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VP - High Yield Bond Fund
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July 27, 2026
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VP - Income Opportunities Fund
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July 27, 2026
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VP - Intermediate Bond Fund
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July 27, 2026
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VP - Long Government/Credit Bond Fund
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April 20, 2026
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VP - Managed Risk Fund
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August 31, 2026
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VP - Managed Risk U.S. Fund
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August 31, 2026
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VP - Moderate Portfolio
|
August 31, 2026
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VP - Moderately Aggressive Portfolio
|
August 31, 2026
|
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VP - Moderately Conservative Portfolio
|
August 31, 2026
|
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VP - MV Conservative Fund
|
August 31, 2026
|
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VP - MV Conservative Growth Fund
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August 31, 2026
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VP - MV Growth Fund
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August 31, 2026
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VP - MV Moderate Growth Fund
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August 31, 2026
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VP - Overseas Core Fund
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July 27, 2026
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VP - Partners Core Bond Fund
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April 20, 2026
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VP - Partners Core Equity Fund
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April 20, 2026
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VP - Partners International Core Equity Fund
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April 20, 2026
|
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VP - Partners International Growth Fund
|
April 20, 2026
|
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VP - Partners International Value Fund
|
April 20, 2026
|
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VP - Partners Small Cap Growth Fund
|
April 20, 2026
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VP - Partners Small Cap Value Fund
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April 20, 2026
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VP - Principal Large Cap Growth Fund
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July 27, 2026
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VP - Select Corporate Income Fund
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July 27, 2026
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VP - Select Large Cap Value Fund
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July 27, 2026
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VP - Select Mid Cap Growth Fund
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July 27, 2026
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VP - Select Mid Cap Value Fund
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July 27, 2026
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VP - Select Short Corporate Income Fund
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July 27, 2026
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VP - Select Small Cap Value Fund
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July 27, 2026
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VP - Seligman Global Technology Fund
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July 27, 2026
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VP - Small Cap Value Discovery Fund
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April 20, 2026
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VP - Small Company Growth Fund
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April 20, 2026
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VP - Strategic Income Fund
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April 20, 2026
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VP - T. Rowe Price Large Cap Value Fund
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July 27, 2026
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VP - TCW Total Return Bond Fund
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July 27, 2026
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VP - U.S. Flexible Conservative Growth Fund
|
August 31, 2026
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VP - U.S. Flexible Growth Fund
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August 31, 2026
|
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VP - U.S. Flexible Moderate Growth Fund
|
August 31, 2026
|
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VP - U.S. Government Mortgage Fund
|
July 27, 2026
|
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VP - Victory Sycamore Established Value Fund
|
April 20, 2026
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VP - Wellington Large Cap Value Fund
|
April 20, 2026
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Fund Name:
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Transition Date:
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VP - Westfield Mid Cap Growth Fund
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April 20, 2026
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VP - Westfield Select Large Cap Growth Fund
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April 20, 2026
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Identity of Recipient
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Conditions/restrictions on use of information
|
Frequency of
Disclosure
|
||
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Recipients under arrangements with the Funds or Investment Manager:
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||||
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Abel Noser
|
Used for evaluating and assessing
trading activity, execution and practices.
|
Quarterly
|
||
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ACA Global
|
Used to evaluate and assess trading
activity, execution and practices in
respect of market abuse regulatory
requirements.
|
Daily
|
||
|
Axioma Inc.
|
Used as a hosted risk analytics platform
designed for research, portfolio holdings,
investment oversight and strategy
development.
|
Daily
|
||
|
BlackRock, Inc.
|
Used for front office trading and
analytics, back office settlements,
portfolio accounting and reconciliations,
collateral management, portfolio risk
oversight, compliance mandate
monitoring and portfolio performance
calculations. Used to provide portfolio
attribution reports for Columbia
Convertible Securities Fund. Used for
portfolio analytics.
|
Daily
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Bloomberg Finance L.P.
|
Used for portfolio analytics, statistical
analysis and independent research,
executing cleared swaps electronically,
executing fixed income trades,
evaluating and assessing trading activity,
execution and practices in respect of
market abuse regulatory requirements,
and best execution and TCA. Also used
to provide portfolio attribution reports for
Columbia Convertible Securities Fund.
|
Daily
|
||
|
Bolger, Inc.
|
Used for commercial printing.
|
As Needed
|
||
|
Bond Connect Company Limited
|
Used for executing Chinese fixed income
trades.
|
As Needed
|
||
|
Boston Investors Communications
Group, LLC
|
Used for writing services that require
disclosing portfolio holdings in advance
of their dissemination to the public.
|
Quarterly
|
||
|
Broadridge Financial Solutions Inc.
|
Used for printing of prospectuses and
tailored shareholder reports.
|
As Needed
|
||
|
Capital Markets Services Group
|
Used for hedging activities supporting
the Columbia Funds.
|
Daily
|
||
|
Identity of Recipient
|
Conditions/restrictions on use of information
|
Frequency of
Disclosure
|
||
|
Castine LLC
|
Used for facilitating the evaluation of
commission rates and providing flexible
commission reporting.
|
Daily
|
||
|
Citigroup, Inc.
|
Used for mortgage decision support.
|
Daily
|
||
|
Compliance Solutions Strategies LLC
|
Used for data storage and
transformation solution used to support
Client Regulatory Reporting and Fund
Detail reporting.
|
Monthly
|
||
|
Deloitte Haskins & Sells, LLP
|
Used for calculating foreign capital gains
tax accruals irrespective of the tax lot
relief method.
|
Weekly
|
||
|
Donnelley Financial Solutions
|
Used for providing EDGAR filing and
typesetting services, and printing of
prospectuses, factsheets, annual and
semi-annual reports.
|
As Needed
|
||
|
DS Graphics/Universal Wilde, Inc.
|
Used for printing of prospectuses,
factsheets, annual and semi-annual
reports.
|
As Needed
|
||
|
Depository Trust & Clearing Corporation
|
Used for providing trade allocation and
acceptance services with brokers.
|
Daily
|
||
|
ENPOINTE
|
Used for commercial print.
|
As Needed
|
||
|
Ernst & Young, LLP
|
Used for analyzing passive foreign
investment company investments.
|
Monthly
|
||
|
FactSet Research Systems, Inc.
|
Used for calculating portfolio
performance attribution, portfolio
analytics, data for fundamental research,
and general market news and analysis.
Used for executing equity and
convertible trades.
|
Daily
|
||
|
Fidelity National Information Services,
Inc.
|
Used as a portfolio accounting system.
|
Daily
|
||
|
FMR LLC
|
Used for advertising review.
|
As Needed
|
||
|
FX Connect, LLC
|
Used to execute foreign exchange
orders.
|
Daily
|
||
|
Harte-Hanks, Inc.
|
Used for printing of prospectuses,
factsheets, annual and semi-annual
reports and commercial print.
|
As Needed
|
||
|
Institutional Shareholder Services, Inc.
|
Used for proxy voting administration and
research on proxy matters.
|
Daily
|
||
|
Intex Solutions Inc.
|
Used for providing mortgage analytics.
|
As Needed
|
||
|
Investortools, Inc.
|
Used for municipal bond analytics,
research, and decision support.
|
As Needed
|
||
|
JDP Marketing Services
|
Used for writing services that require
disclosing portfolio holdings in advance
of their dissemination to the public.
|
Quarterly
|
||
|
John Roberts, Inc.
|
Used for fund fact sheets and
commercial print.
|
As Needed
|
||
|
KPMG LLC
|
Used by State Street to provide tax
services as a sub-contractor.
|
Daily
|
||
|
Kurtosys Systems
|
Used for reporting of fund holdings detail
via our website.
|
Monthly
|
||
|
MarketAxess
|
Used for executing fixed income trades.
|
Daily
|
|
Identity of Recipient
|
Conditions/restrictions on use of information
|
Frequency of
Disclosure
|
||
|
Morningstar Investment Services, LLC
|
Used for independent research and
ranking of funds. Used for statistical
analysis.
|
As Needed
|
||
|
Neovest
|
Used to execute futures.
|
As Needed
|
||
|
PwC
|
Used to prepare tax services PwC
performs for the funds.
|
Daily
|
||
|
R. R. Donnelley & Sons Co.
|
Used for printing of prospectuses,
factsheets, annual and semi-annual
reports, and for commercial printing.
|
As Needed
|
||
|
Refinitiv
|
Used to execute foreign exchange
orders.
|
Daily
|
||
|
RegEd, Inc.
|
Used for reviewing external and certain
internal communications prior to
dissemination.
|
As Needed
|
||
|
Sky Road
|
Used for front office trading,
optimization, bank loan analytics, and
compliance.
|
Daily
|
||
|
State Street Bank and Trust
|
Used to provide certain sub-
administration services to the Funds,
including fund accounting and financial
reporting services.
|
Daily
|
||
|
S.W.I.F.T. Scrl.
|
Used for sending trade messages via
SWIFT to custodian.
|
Daily
|
||
|
TP ICAP
|
Used for executing equity and fixed
income trades.
|
Daily
|
||
|
Thomson Reuters Corp.
|
Used for statistical analysis.
|
As Needed
|
||
|
Toppan Merrill Corporation
|
Used for printing of prospectuses,
factsheets, annual and semi-annual
reports.
|
As Needed
|
||
|
Tradeweb
|
Used for executing fixed income trades.
|
Daily
|
||
|
Trepp, Inc.
|
Used for insights about commercial
mortgage-backed securities mortgage
bonds.
|
Daily
|
||
|
Visions, Inc.
|
Used for commercial printing.
|
As Needed
|
||
|
Wilshire Associates, Inc.
|
Used for providing performance
attribution reporting.
|
Daily
|
|
Identity of Recipient
|
Conditions/restrictions on use of information
|
Frequency of
Disclosure
|
||
|
Recipients under arrangements with subadvisers:
|
||||
|
Abel/Noser Corp.
|
Used by certain subadvisers for trade
execution and cost analysis.
|
Daily
|
||
|
AcadiaSoft, Inc
|
Used by certain subadvisers derivative
operations team to process, reconcile
and report daily collateral margin
transactions with counterparties and
custodian.
|
Daily
|
||
|
Accenture PLC
|
Used by certain subadvisers for back-
office operations.
|
Daily
|
||
|
Adviser Compliance Associates, LLC.
|
Used by certain subadvisers for
compliance services and performance
evaluation.
|
Daily
|
||
|
Alpha Financial Software LLC
|
Used by certain subadvisers for trade
monitoring, trade settlement, and for
confirming TBAs.
|
Daily
|
||
|
Identity of Recipient
|
Conditions/restrictions on use of information
|
Frequency of
Disclosure
|
||
|
BlackRock, Inc.
|
Used by certain subadvisers for order
management and compliance services.
|
Daily
|
||
|
Bloomberg Finance L.P.
|
Used by certain subadvisers for
analytical, portfolio management,
statistical information, compliance, and
personal trade monitoring.
|
Daily
|
||
|
BNY Mellon Corp.
|
Used by certain subadvisers for
custodian reconciliation.
|
Daily
|
||
|
Brown Brothers Harriman & Co.
|
Used by certain subadvisers for SWIFT
messages from custodians to facilitate
automated reconciliation, for corporate
actions management, for back-office
operations, and for electronic trade
transmission and settlement.
|
Daily
|
||
|
Clearwater Analytics, LLC
|
Used by certain subadvisers for
analytical and statistical information.
|
As Needed
|
||
|
CloudMargin Ltd.
|
Used by certain subadvisers derivative
operations team to process, reconcile
and report daily collateral margin
transactions with counterparties and
custodian.
|
Daily
|
||
|
Commcise Software Limited
|
Used by certain subadvisers for
commission reconciliation.
|
Daily
|
||
|
Duco Technology Limited
|
Used by certain sub-advisers for
custodian reconciliation
|
Daily
|
||
|
Dynamics 365 - CRM
|
Used by certain subadvisers for back-
office operations
|
Daily
|
||
|
Eagle Investment Systems, LLC
|
Used by certain subadvisers for MiFID II
transaction reporting, and for data to
increase operational efficiencies.
|
Daily
|
||
|
Employee Compliance Manager "ECM"
|
Used by certain subadvisers for COE
monitoring.
|
Daily
|
||
|
Equity Data Science Inc.
|
Used by certain subadvisers for portfolio
management information.
|
Daily
|
||
|
FactSet Research Systems, Inc.
|
Used by certain subadvisers for
analytical, portfolio management,
statistical information, compliance, and
personal trade monitoring.
|
Daily and As Needed
|
||
|
FIS Brokerage Securities Services LLC
|
Used by certain subadvisers for
corporate actions management.
|
Daily
|
||
|
FundApps Ltd.
|
Used by certain subadvisers for global
regulatory shareholding disclosure,
compliance, trade monitoring, and global
regulatory shareholding disclosure.
|
Daily
|
||
|
FX Connect, LLC
|
Used by certain subadvisers for foreign
exchange derivatives reconciliation.
|
Daily
|
||
|
Global Trading Analytics, LLC
|
Used by certain subadvisers for trade
execution cost analysis.
|
Daily
|
||
|
Gresham Technologies Limited
|
Used by certain subadvisers for trade
monitoring, trade settlement, for
confirming TBA, reconciliation services,
and for electronic reconciliations of
portfolio holdings.
|
Daily or Monthly
|
||
|
Global Trading Analytics, LLC
|
Used by certain subadvisers for trade
execution cost analysis.
|
Quarterly
|
|
Identity of Recipient
|
Conditions/restrictions on use of information
|
Frequency of
Disclosure
|
||
|
ICE Data Services Inc.
|
Used by certain subadvisers for liquidity
reporting.
|
Daily
|
||
|
IHS Markit Ltd.
|
Used by certain subadvisers for
confirmation and settlement of bank
loan trades.
|
Daily
|
||
|
Institutional Shareholder Services, Inc.
|
Used by certain subadvisers for proxy
voting administration and research
services.
|
Daily
|
||
|
InvestCloud Inc.
|
Used by certain subadvisers for client
reporting.
|
Daily
|
||
|
JPMorgan Chase & Co.
|
Used by certain subadvisers for portfolio
management, risk analytics, and
custodian reconciliation.
|
Daily
|
||
|
JPMorgan Commercial and Investment
Bank ( Risk as a Service ("RaaS"))
|
Used by certain subadvisers for services
and underlying infrastructure, for risk
analytics functionality.
|
Daily
|
||
|
LightSpeed Data Solutions
|
Used by certain subadvisers for trade
monitoring, trade settlement, and
confirming TBAs.
|
Daily
|
||
|
LiquidNet, Inc.
|
Used by certain subadvisers for
commission reconciliation.
|
Daily
|
||
|
MacDonald Information Services Inc.
|
Used by certain subadvisers for
compliance services.
|
Daily
|
||
|
MSCI Barra Inc.
|
Used by certain subadvisers for analytics
and statistical information.
|
Daily
|
||
|
MyComplianceOffice Technologies, Inc.
|
Used by certain subadvisers for
compliance and personal trade
monitoring.
|
Daily
|
||
|
Nex Group plc
|
Used by certain subadvisers for daily
reconciliations on collateral
management.
|
Daily
|
||
|
Omgeo, LLC
|
Used by certain subadvisers for
electronic trade monitoring, trade
transmission, trade settlement, and for
confirming TBAs.
|
Daily
|
||
|
Qontigo GmbH
|
Used by certain subadvisers for analytics
and attribution analysis.
|
Daily
|
||
|
REFINITIV US LLC
|
Used by certain subadvisers for FX
derivatives reconciliation.
|
Daily
|
||
|
S&P Global Market Intelligence
|
Used by certain subadvisers for
corporate actions management.
|
Daily
|
||
|
Salesforce, Inc.
|
Used by certain subadvisers for back-
office operations.
|
Daily
|
||
|
SEI Investments Co.
|
Used by certain subadvisers for
analytical, portfolio management,
statistical information, compliance, and
personal trade monitoring.
|
Daily
|
||
|
SEISMIC SOFTWARE, INC
|
Used by certain subadvisers to create
Marketing material for the use in client
meetings.
|
Monthly
|
||
|
SS&C Technologies Holdings, Inc.
|
Used by certain subadvisers for: Asset &
Portfolio Management Services; trading,
risk & front-office solutions; middle &
back office financial operations; data,
analytics & reporting services.
|
Daily
|
|
Identity of Recipient
|
Conditions/restrictions on use of information
|
Frequency of
Disclosure
|
||
|
STANDARD & POOR'S FINANCIAL
SERVICES LLC
|
Used by certain subadvisers for financial
data, ratings, and analytics services.
|
Weekly
|
||
|
StarCompliance LLC
|
Used by certain subadvisers for
compliance and personal trade
monitoring.
|
Daily
|
||
|
State Street Bank and Trust Company
|
Used by certain subadvisers for
custodian reconciliation.
|
Daily
|
||
|
State Street Corp.
|
Used by certain subadvisers for
compliance and trade monitoring.
|
Daily
|
||
|
SteelEye, Limited
|
Used by certain subadvisers for
compliance analytics.
|
Daily
|
||
|
STP Investment Services, LLC
|
Used by certain subadvisers for
custodian reconciliation.
|
Daily
|
||
|
Tradeweb Markets LLC
|
Used by certain subadvisers for
confirming TBAs, treasuries, and
discount notes.
|
Daily
|
||
|
UNAVISTA LIMITED
|
Used by certain subadvisers for
electronic trade transmission and
settlement.
|
Daily
|
||
|
VERMEG Co.
|
Used by certain subadvisers for
management of swap counterparty
exposure.
|
Daily
|
||
|
Vermilion Software Ltd
|
Used by certain subadvisers for client
reporting.
|
Monthly
|
||
|
Virtu Financial, Inc.
|
Used by certain subadvisers for trade
execution cost analysis.
|
Daily or Monthly
|