Sentences with phrase «acquired fund fees»

Total expenses, including acquired fund fees, will also be capped at 95 basis points.

The changes in costs in the other two funds are not linked to asset flows, but rather to changes in acquired fund fees and expenses tied to the funds» investments in business development companies (BDCs).

* The Advisor has contractually agreed to defer its investment advisory fees and / or absorb or reimburse Fund expenses until at least November 1, 2018 to the extent necessary to limit the Fund's annual ordinary operating expenses (excluding acquired fund fees and expenses) to an amount not exceeding 1.13 % annually of the Fund's average daily net assets.

(For this purpose, Impax Asset Management LLC does not consider acquired fund fees and expenses to be operating costs and expenses of the Fund.)

Effective Nov. 1, IndexIQ will waive some of its management fees, bringing QAI's total cost — including acquired fund fees given that QAI is a fund of funds — to 0.76 % from its current level of 0.98 %.

The fund caps its fees at 1.95 % but has to account for acquired fund fees and other expenses related to shorting.

** Acquired fund fees and expenses of 2.29 %.

The Adviser of the Near - Term Tax Free Fund has contractually limited, through April 30, 2018, the total fund operating expenses (exclusive of acquired fund fees and expenses, extraordinary expenses, taxes, brokerage commissions and interest) to not exceed 0.45 %.

* The Advisor has contractually agreed to defer its investment advisory fees and / or absorb or reimburse Fund expenses until at least November 1, 2018 to the extent necessary to limit the Fund's annual ordinary operating expenses (excluding acquired fund fees and expenses) to an amount not exceeding 0.73 % annually of the Fund's average daily net assets.

Acquired fund fees & expenses The total annual asset - based fee, including the weighted average of the annualized expense ratios of the underlying mutual funds.

The Adviser of the Gold and Precious Metals Fund has voluntarily limited total fund operating expenses (exclusive of acquired fund fees and expenses of 0.07 %, extraordinary expenses, taxes, brokerage commissions and interest, and advisory fee performance adjustments) to not exceed 1.90 %.

The Adviser of the World Precious Minerals Fund has voluntarily limited total fund operating expenses (exclusive of acquired fund fees and expenses of 0.11 %, extraordinary expenses, taxes, brokerage commissions and interest, and advisory fee performance adjustments) to not exceed 1.90 %.

Other aspects of these operating costs can include custodial services, recordkeeping, legal expenses, acquired fund fees and expenses (if the fund invests in other funds), accounting and auditing fees, or a marketing fee (called a 12b - 1 fee).

The expense ratio after waivers is a contractual limit through December 31, 2014, for the Near - Term Tax Free Fund, on total fund operating expenses (exclusive of acquired fund fees and expenses, extraordinary expenses, taxes, brokerage commissions and interest).

The expense cap is a contractual limit through April 30, 2016, for the Near - Term Tax Free Fund, on total fund operating expenses (exclusive of acquired fund fees and expenses, extraordinary expenses, taxes, brokerage commissions and interest).

The expense cap is a voluntary limit on total fund operating expenses (exclusive of any acquired fund fees and expenses, performance fees, extraordinary expenses, taxes, brokerage commissions and interest) that U.S. Global Investors, Inc. can modify or terminate at any time, which may lower a fund's yield or return.

The iShares ® iBonds ® Corporate ETFs will incur acquired fund fees and expenses associated with its investments the underlying funds and additional fees associated with turnover in the underlying funds that are not included in the acquired fund fees and expenses.

The Versus Capital Real Assets Fund has an investment management fee of 1.15 %, other expenses of 0.30 %, and acquired fund fees and expenses of 0.15 %.

The Fund's advisor & administrator have entered into a series of agreements that run through September 30, 2017 which limit the Fund's operating expenses to 1.70 % of the average daily net assets of the Fund, exclusive of brokerage fees and commissions, taxes, borrowing costs (such as interest or dividend expenses on securities sold short), acquired fund fees and expenses, extraordinary expenses, and distribution and / or service (12b - 1) fees.

1 The Adviser has contractually agreed waive its fee and / or reimburse Fund expenses to limit Total Annual Fund Operating Expenses (excluding all taxes, interest, portfolio transaction expenses, acquired fund fees and expenses, proxy expenses and extraordinary expenses) of Institutional Shares and Investor Shares to 2.50 % and 2.75 %, respectively, through at least November 30, 2019

«Acquired Fund Fees and Expenses» include expenses incurred indirectly by the Fund through its investments in closed - end funds and other investment companies, do not affect a Fund's actual operating costs, and therefore are not included in the Fund's financial statements, which provide a clearer picture of a Fund's actual operating costs.

Effective July 23, 2015, the Advisor has entered into an Expense Limitation Agreement with the Fund that limits the Fund's annual operating expenses to 1.25 %, exclusive of distribution and / or service (12b - 1) fees, brokerage fees and commissions, taxes, interest and borrowing costs, and acquired fund fees and expenses.

Including the «acquired fund fees and expenses,» the fund continues to cost institutional investors 3.28 % per year.

The gross annual expense ratio as disclosed in the November 1, 2017 Prospectus is 0.86 % and represents operating fees and expenses (including acquired fund fees and expenses) incurred by the Fund during the fiscal year ended June 30, 2017.

¹ Represents the total annual operating expenses (which includes acquired fund fees and expenses (AFFE), if any), before reductions of any expenses paid indirectly, as reported in the fund's most current prospectus.

¹ The before reimbursement expense ratio (which includes acquired fund fees and expenses (AFFE), if any) represents the total annual operating expenses, before reductions of any expenses paid indirectly as reported in the Fund's most current prospectus and is calculated as a percentage of average net assets (ANA).

Acquired Fund Fees and Expenses (AFFE) represent the costs incurred indirectly by the fund as a result of investment in shares of one or more registered investment companies, including exchange traded funds and mutual funds.

The Advisor has entered into an Expense Limitation Agreement with the Fund that limits the Fund's annual operating expenses to 1.25 %, exclusive of distribution and / or service (12b - 1) fees, brokerage fees and commissions, taxes, interest and borrowing costs, and acquired fund fees and expenses.

The investment manager has contractually agreed to waive or assume certain expenses so that the total annual fund operating expenses (excluding 12b - 1 fees; acquired fund fees and expenses; expenses related to securities sold short; and certain non-routine expenses) for each class of the fund do not exceed (and could be less than) 1.95 % until September 30, 2018.

Includes distribution and service (12b - 1) fees; acquired fund fees and expenses; and other expenses of the fund or the subsidiary.

Includes Acquired Fund Fees and Expenses.

These ratios exclude the mandatory reporting of dividend and interest expense on short sales and acquired fund fees, which make all long / short funds inherently more expensive than long only equity funds.

Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the Fees and Expenses incurred by investing in other investment companies, including affiliated investment companies.

^ SSGA Funds Management, Inc. (the «Adviser») has contractually agreed to waive its management fee and / or reimburse expenses in an amount equal to any acquired fund fees and expenses (excluding holdings in acquired funds for cash management purposes, if any) until October 31, 2018.