Sentences with phrase «average net assets»

A fund's total annual expenses expressed as a percentage of the fund's average net assets for the year, as stated in its prospectus.

As would be expected, the yields of these funds — interest and dividends after expenses divided by average net asset value — increase as the target date approaches maturity.

The total amount of expenses incurred by an investment fund on an annual basis, expressed as a percentage of the fund's average net assets for the year.

The expense ratio equals recurring fees and expenses charged to the fund during the year divided by average net assets.

Beginning May 1, 2016, Southeastern has agreed to waive fees and / or reimburse expenses so that Global Fund Total Annual Fund Operating Expenses (excluding interest, taxes, brokerage commissions and extraordinary expenses) do not exceed 1.2 % of average net assets on an annualized basis.

The Management Expense Ratio (MER) is the percentage of a fund's average net assets paid out of the fund each year to cover the day - to - day and fixed costs of managing the fund.

It is calculated as a percentage of average net assets (ANA).

The Advisor has contractually agreed to waive its management fees and / or reimburse expenses of the Mid Cap Value and International Value Funds to ensure that Net Fund Operating Expenses for the Fund do not exceed 1.25 % of the Fund's average net assets for investor class shares and 0.99 % for institutional class shares, through at least 5/1/2019, and subject thereafter to annual reapproval of the agreement by the Board of Directors.

A mutual fund's annual operating expenses, expressed as a percentage of the fund's average net assets.

Estimated annual fund expenses as a percentage of the average net assets attributable to common stock are 5.9 %.

Harris Associates L.P., the Fund's adviser, contractually agreed to limit Oakmark Equity and Income Fund's annual expenses to 1 % of its average net assets through January 31, 2002.

The annual operating expenses of a mutual fund or an ETF (exchange - traded fund), expressed as a percentage of the fund's average net assets.

As each fund passes its fiscal year - end, the annual expense ratio is calculated by dividing the fund's operational expenses by its average net assets.

You'll almost always see it expressed as a percentage of the fund's average net assets (instead of a flat dollar amount).

You'll almost always see it expressed as a percentage of the fund's average net assets.

They are a fixed percentage of the fund's average net assets and capped at 1 % by law.

Return on Assets = Net Profit Margin x Total Assets Turnover = Net Operating Profit After Taxes / Sales x Sales / Average Net Assets

A measure of the expenses, calculated as a percentage of average net assets, associated with operating the fund before reimbursement of fund expenses by the fund's adviser, if any, as described in the prospectus.

Expense ratio represents the total annual operating expenses, as reported in the Fund's most current prospectus, and is calculated as a percentage of average net assets (ANA).

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).

It is the ratio of total annual expenses to the fund's average net assets.

A measure of the expenses, calculated as a percentage of average net assets, associated with operating the fund that reflects reimbursement of a portion of certain fund expenses by the fund's adviser as described in the prospectus.

The expenses of the fund are divided by the fund's average net assets to arrive at a percentage amount.

A mutual fund's annual operating expenses, expressed as a percentage of the fund's average net assets.

The Fund's Investment Manager (the «Manager») contractually caps certain direct expenses the Fund (excluding interest, taxes, brokerage commissions, acquired fund fees and expenses, dividend and interest expenses relating to short sales, and extraordinary expenses, if any; consequently, total (net) expenses may exceed the contractual cap) through 8/31/2021 for Institutional Class at 1.00 %, 1.36 % for Class A and 2.11 % for Class C (each as a % of average net assets).

The annual operating expenses of a mutual fund or an ETF (exchange - traded fund), expressed as a percentage of the fund's average net assets.

The management expense ratio (MER) shows the percentage of the fund's daily average net assets that was paid in management fees and other expenses during the year.

The annual operating expenses of a mutual fund or ETF (exchange - traded fund), expressed as a percentage of the fund's average net assets.

A mutual fund's or exchange - traded fund's (ETF's) annual operating expenses, expressed as a percentage of the fund's average net assets.