Wrap fees add an additional layer of fees a plan fiduciary must consider when evaluating an insurance company's fees for reasonableness — Directly invoiced fees and revenue sharing payments made by the underlying mutual funds may still apply.
Remember, variable annuities are basically mutual funds with
wrap fees added.
Not exact matches
Wrap fees can turn a low cost mutual fund (like an index fund) into a very expensive variable annuity by
adding 1 % or more to the mutual fund's expense ratio!
Variable annuities (also called pooled separate accounts) are basically mutual funds that are owned by an insurance company and then «
wrapped» in a thin layer of insurance —
adding wrap fees (including sales commissions and surrender charges) in the process.
Squashing bugs: banner resizing issues;
adding scroll to the «buying from me» field, making the basket more obvious in mobile view (it was hidden in the menu), fixing button
wrapping in android / mobile chrome, fixing a postage
fees bug on non-UK shipping.
A
fee or expense that is
added to or «
wrapped around» an investment to pay for one or more product features or services.
The
added bonus to this condo is the huge
wrap around patio outside your door & the low maintenance
fee.