Mutual fund advisor fees, also known as advisory fees or management fees, are charges levied by the fund's investment advisor to manage the portfolio
Mutual fund advisor fees, also known as advisory fees or management fees, are charges levied by the fund's investment advisor to manage the portfolio. These fees reimburse the advisor for their experience, research, and effort spent managing the fund's assets. These fees are typically calculated as a percentage of the fund's assets under management (AUM) and taken from its assets.
Comments
0 comment