trailer fee

Trailing Commission

A commission that the salesperson of a mutual fund receives each year an investor remains a shareholder. That is, the salesperson receives the first trailing commission when the investor first buys shares in the fund, and a new trailing fee each year thereafter. Critics of this practice point out that it can create a moral hazard that the salesperson will aggressively sell a fund because of his own financial incentive, rather than because he believes it to be a good investment for the potential shareholder. Not all mutual funds pay their sales staff trailing commissions. A trailing commission is also calling a trailer fee. See also: Load.

trailer fee

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Multifonds' key strategic clients have welcomed the extensions and 40% have already committed to using the extensions which include: Retrocessions - replacing the need for a separate trailer fee system, MFGI provides a fully comprehensive trailer fee engine for the calculation of commission fees and rebates to the agent and investors.
Clients also benefit from more flexible data importing capabilities, which eliminate workarounds and manual entry, when it comes to the provision of data for trailer fee calculations, which historically have posed issues due to a lack of standardisation.
2 million in payments to Merrill Lynch to terminate closed-end fund trailer fee obligations on four funds, and $2.
For funds traded through the Nexus Funds solution, Pershing offers guaranteed contractual settlement and consolidated trailer fee payments as well as a single access point to global funds, reducing time delays, potential for errors, and the overall cost of fund dealing.
These deals also benefit from guaranteed contractual settlement and consolidated trailer fee payments, which help to enable predictable settlement dates and streamline clients' administration and payment processes.
These deals also benefit from guaranteed contractual settlement and consolidated trailer fee payments, ensuring predictable settlement dates and streamlining clients' administration and payment processes.
The company's model compensates the broker with a one time origination fee, a trailer fee for each year the mortgage remains with Cervus and a renewal fee upon renewal of the mortgage for another term.
The Cervus business model is an exclusive mortgage offering in Canada, as it provides a one of a kind trailer fee designed to align the commercial interests of the broker with the ongoing service requirements of the borrower.
The company paid its first trailer fee and renewal fee to the mortgage broker industry delivering on the "Customer for Life" model.
Default trailer fee tables or servicing fees may be set at the Share Class Level, the Fund Level, the Firm Level, the Branch level and the Rep Level.
Cervus's unique model compensates the broker with a one time origination fee, a trailer fee for each year the mortgage remains with Cervus and a renewal fee upon renewal of the mortgage for another term.
Cervus compensates the broker with a one time origination fee, a trailer fee for each year the mortgage remains with Cervus and a renewal fee upon the renewal of the mortgage for another term.