General term for a charge levied on an investment fund for its management and administration.
This is a yearly charge made by the managers of unit trusts or investment trusts. It is usually a percentage of the value of the funds being managed.
This is a charge paid to a company for managing your investments. (This could be a fund manager, stockbroker or financial adviser).The Annual management charge can vary from 0.5 per cent to around 1.5 per cent, and is dependent upon the type of investment and the degree of advice received.
A charge taken from the fund by the product provider to pay for the cost of running the scheme.
A charge, usually a percentage of the value of your investment, deducted from your investment each year.
A yearly fee paid to a company for the management and administration of a fund.
A charge imposed by the management firm on the portfolio. For unit trusts and OEICs this is usually 1-2% of the NAV of the fund. Other clients negotiate the fee with the fund manager.
AMC) A charge made each year by Investment Fund Managers to cover the expenses associated with running the fund. Although it is expressed in annual percentage figures it is usually deducted from the value of Investments on a Daily or Monthly basis.
A fee paid to the fund manager* once a year which covers the cost of investment management and administration. It is normally 0.75% - 1.5% p.a. and is charged to the fund.
This charge is deducted from an investment each year and is usually worked as a percentage of your investment.
This is a charge levied by Unit Trusts, OEICs, Investment Trusts, Life and Pension funds to cover the operating costs and renewal commissions. It is generally deducted from the value of the fund before the unit price is calculated.
A charge made over the year by managers of Unit Trusts or Investment Trusts to cover the expenses associated with running the fund. Although it is expressed in annual percentage figures it is usually split into 12 monthly amounts and taken from the fund daily.
Fund management companies levy an annual charge to cover the costs of administering the fund. This generally ranges between 0.5% and 2% of the total value of the fund and varies according to the size of the fund, the amount of money the Fund management company spends on research, administration and marketing. FT Fund Ratings' Charge Rating is based on a Total Expense Ratio (provided by Fitzrovia) which incorporates the AMC as well as other 'hidden' costs of owning the fund.
A charge made for the on-going investment management of running a fund. It is normally taken into account when unit prices are calculated and/or bonuses declared.