One of the mysteries of the English language finally explained.
A fee paid to a person or company for managing a business, property, sum of money, etc. on another's behalf.‘most funds charge an annual management fee of typically 1.5 percent’
- ‘Your money is invested in a fund which aims to match the FTSE All-Share index, and annual management fees are reasonable at 1%.’
- ‘You should carefully study differences in management fees among different investment options.’
- ‘With individual bonds, you won't pay the 1.14 % management fee that the average bond fund charges.’
- ‘Management fees for open-ended funds are free of VAT, as are those for investment trusts investing outside the EU.’
- ‘And that refers to the management fee of 1.15% per annum that is collected upfront for the four-year period.’
- ‘But many plans charge management fees, some higher than others, and many plans have limited investment options.’
- ‘The ongoing management fees of the funds investigated in this study are charged based on the value of fund units.’
- ‘Considerable effort should be put into this aspect of the management fee arrangement.’
- ‘In a deal of that size, the buyout firm might take a $150,000-a-year management fee.’
- ‘He highlighted the increasing trend of bond funds that charged their annual management fees against the capital value of the fund rather than against income.’
Top tips for CV writingRead more
In this article we explore how to impress employers with a spot-on CV.