Definitions for "Annual Management Charge"
Keywords:  amc, oeics, levy, fitzrovia, deducted
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.