InvestorWords.com

management fee


Definition
A charge paid to managers of a mutual fund for their services; usually also includes fund administration costs and investor relations. Typically a certain percentage of assets under management.

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Maximizing the Benefits of Dollar Cost AveragingThe principle difference and benefit to investors in an index fund is that their management fees are a fraction of those charged for actively managed mutual funds. This is because index funds are pass ... Read more


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