Annual fund operating expenses

(redirected from Annual Fund Operating Expense)

Annual fund operating expenses

For investment companies, the management fee and "other expenses," including the expenses for maintaining shareholder records, providing shareholders with financial statements, and providing custodial and accounting services. For 12b-1 funds, selling and marketing costs are also included.

Annual Fund Operating Expenses

The cost that a mutual fund or other investment company incurs for maintaining proper records, printing financial statements, and otherwise maintaining operations. Annual fund operating expenses sometimes include marketing costs as well. Most investment companies assess a fee to cover these expenses. This fee is separate and distinct from the load (or sales fee). See also: Management fee.
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But the ETF's total annual fund operating expense of 0.
Similarly, the annual fund operating expense information was varied to reflect above-average versus below-average fund expenses.
Returns assume reinvestment of dividends and distributions, and includes the total annual fund operating expense ratio of 1.
Lisanti Capital Growth, LLC, a certified woman-owned and managed SEC registered investment advisor specializing in US small- and small/mid-cap (SMID) equity growth investing, has announced the Dinosaur Lisanti Small Cap Growth Fund (ASCGX), for which Lisanti is the investment advisor, has reduced the Total Annual Fund Operating Expenses after the contractual Fee Waiver and/or Expense Reimbursement for the Fund to 1.
There are also Annual Fund Operating Expenses, which include Management Fees, Distribution (12-b-1) fees, Other Expenses, and Total Annual Fund Operating Expenses.
Fund operating expenses represent the total of all a mutual fund's annual fund operating expenses.
The fund's investment adviser has contractually agreed to reduce its fees and/or absorb expenses of the fund, at least until 10/31/2012, to ensure that the net annual fund operating expenses will not exceed 1.
For example, annual fund operating expenses for Fidelity Freedom 2055 total 81 basis points, and that fund includes a higher allocation of underlying equity funds.
Under annual fund operating expenses are distribution or service fees, also known as 12b-1 marketing fees in the industry; management fees; and other costs, such as custodial, legal, or accounting expenses.
The Fund's investment adviser has contractually agreed to reduce its fees and/or absorb expenses of the fund, at least until July 31, 2013, to ensure that the Total Annual Fund Operating Expenses After Fee Waiver (exclusive of any acquired fund fees and expenses, borrowing costs, taxes and extraordinary expenses) will not exceed 2.
The Adviser has contractually agreed to waive its advisory fee and reimburse certain expenses, until October 31, 2015, so that the Net Annual Fund Operating Expenses of the Fund will be limited to 0.
If total annual fund operating expenses would fall below the expense limit, the Advisor may cause the Fund's expenses to remain at the expense limit while it is reimbursed for fees that it waived or expenses that it assumed during the previous three year period.

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