The Advisor has contractually agreed to waive its management fees and / or reimburse expenses of the Fund to ensure that Net Fund Operating Expenses for the Fund do not exceed 1.25 % of the Fund's
average net assets for the investor class shares and 0.99 % for the institutional class shares, through at least 5/1/2019, and subject thereafter to annual reapproval of the agreement by the Board of Directors.
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.
Not exact matches
«
For most of the last 80 years, venture as an asset class has been really difficult for the average investor to get in, unless you are a high net worth individual, unless you get the deal flow, you are part of an angel group or you invest into VCs, you just didn't have access into this asset class,» Wang sa
For most of the last 80 years, venture as an
asset class has been really difficult
for the average investor to get in, unless you are a high net worth individual, unless you get the deal flow, you are part of an angel group or you invest into VCs, you just didn't have access into this asset class,» Wang sa
for the
average investor to get in, unless you are a high
net worth individual, unless you get the deal flow, you are part of an angel group or you invest into VCs, you just didn't have access into this
asset class,» Wang says.
1The Fund's investment adviser, SSGA Funds Management, Inc. is contractually obligated until May 1, 2019 to waive its management fee and / or to reimburse the Fund
for expenses to the extent that Total Annual Fund Operating Expenses (exclusive of non-recurring account fees, extraordinary expenses, acquired fund fees and any class specific expenses such as Distribution, Shareholder Servicing, Administration, and Sub-Transfer Agency Fees, as measured on an annualized basis) exceed 0.07 % of
average daily
net assets on an annual basis.
^ The Fund's investment adviser, SSGA Funds Management, Inc. is contractually obligated until April 30, 2019 (i) to waive up to the full amount of the advisory fee payable by the Fund, and / or (ii) to reimburse the Fund
for expenses to the extent that Total Annual Fund Operating Expenses (exclusive of non-recurring account fees, extraordinary expenses, acquired fund fees, and any class - specific expenses, such as distribution, shareholder servicing, sub-transfer agency and administration fees) exceed 0.01 % of
average daily
net assets on an annual basis.
But as of 2010, the
average dairy farm's
net worth was well over $ 2.5 million, the
average poultry / egg farm's
net worth was almost $ 4 million, and the
net cash income of the
average dairy, poultry or egg farm (over and above
net worth of
assets) was also far higher than that of the
average Canadian family (in 2010,
net income, including after family wages, was more than $ 130,000
for dairy and over $ 150,000
for poultry and eggs).
After providing double - digit returns
for many years, REITs are now well off the previous highs and trade at an estimated 15 % discount to
net asset value (Source: TD Securities) and yielding an
average of 7 %, a spread of 2.75 % over 10 - year bonds.
Research shows that the
average working US household has virtually no retirement savings, and even when considering not just retirement
assets, but total
net worth, around 65 percent of households fall short of conservative retirement savings targets
for their age and income.
Expense ratio: In a mutual fund, the ratio between the operating expenses
for the year and the total
average net asset value.
In Vancouver,
for instance, real estate accounts
for 55 % of the
average household's
net worth, and 65 % of the
average household's
assets before debt is deducted.
The Advisor has contractually agreed to waive its fees and / or reimburse expenses at least through April 30, 2019 to the extent necessary to ensure that the total operating expenses do not exceed 1.20 % of the Investor Class's
average daily
net assets and 0.95 % of the Institutional Class's
average daily
net assets for the Chautauqua Global Growth Fund, 1.20 % of the Investor Class's
average daily
net assets and 0.95 % of the Institutional Class's
average daily
net assets for the Chautauqua International Growth Fund, 1.10 % of the Investor Class's
average daily
net assets and 0.85 % of the Institutional Class's
average daily
net assets for the Baird MidCap Fund, 1.20 % of the Investor Class's
average daily
net assets and 0.95 % of the Institutional Class's
average daily
net assets for the Baird Small / Mid Cap Value Fund, and 1.25 % of the Investor Class's
average daily
net assets and 1.00 % of the Institutional Class's
average daily
net assets for the Baird SmallCap Value Fund.
Ultra Short Bond Fund - The Advisor has contractually agreed to waive management fees in an amount equal to an annual rate of 0.15 % of the
average daily
net assets for the Fund until April 30, 2019.
The investment seeks to have the daily changes in percentage terms of the fund's
net assets value per share reflect the daily changes in percentage terms of a weighted
average of the closing settlement prices
for three futures contracts.
The Fund's advisor has contractually agreed to waive its fees and / or pay
for operating expenses of the Fund to ensure that total annual fund operating expenses do not exceed 1.50 % and 1.25 % of the
average daily
net assets for Advisor Class and Institutional Class shares of the Fund, respectively.
* As stated in the prospectus (pdf) dated 5/1/2018 ** Pursuant to an operating expense limitation agreement between Heartland Advisors and Heartland Group, Inc., on behalf of the Fund, Heartland Advisors has agreed to waive its management fees and / or pay expenses of the Fund to ensure that the Fund's total annual fund operating expenses (excluding front - end or contingent deferred sales loads, taxes, leverage, interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, dividends or interest expenses on short positions, acquired fund fees and expenses, or extraordinary expenses) do not exceed 1.25 % of the Fund's
average daily
net assets for the Investor Class Shares and 0.99 %
for the Institutional Class Shares through at least May 1, 2019, and subject to annual re-approval of the agreement by the Board of Directors, thereafter.
For its services administering MESP, a state administrative fee is paid to the Michigan Department of Treasury at an annual rate of 0.02 % of the
average daily
net assets of MESP.
2Yields
for the U.S. Treasury Money Market Portfolio represent the
average daily dividends
for the seven days, annualized by 365 days and divided by the
net asset values per share at the end of the period.
The Portfolio seeks to maintain a stable
net asset value of $ 1.00 and a weighted
average maturity of 60 days or less, with the maximum maturity of 762 days
for government floating rate notes / variable rate notes and will not exceed 397 days
for other securities.
Common characteristics associated with stocks selling at less than 66 % of
net current
asset value are low price / earnings ratios, low price / sales ratios and low prices in relation to «normal» earnings; i.e., what the company would earn if it earned the
average return on equity
for a given industry or the
average neti ncome margin on sales
for such industry.
For this price you have:
average net income on a 10 year basis of 215 millions usd (nearly a 10 y P / E
average of 1) Total current
asset — total liabilities = 358 millions usd.
This year,
for closed - end funds,
average year - to - date
net asset value results were negative, at — 17 %.
Characteristics explored in the analysis include the log of the fund's
average total
net asset ratio, the fund's
average expense ratio, and a dummy variable
for a front - end load.
[Specifically, in terms of
average adjusted pre-tax segment profit (over the last 3 FYs), the electronic division's earned an
average 19 % pa on
net assets employed... vs. 130 % pa
for the
asset protection division!?]
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).
To minimize biases, they: include live and dead funds; remove the first 18 months of returns
for each fund; consider only funds that have at least 36 monthly returns and
average assets under management $ 10 million; and, consider only funds that report
net monthly excess returns in U.S. dollars.
Institutional Class shares pay up to 0.25 % on an annualized basis of the
average daily
net assets as reimbursement or compensation
for service and distribution - related activities with respect to a Fund and / or shareholder services.
The Board has approved a distribution and shareholder servicing fee at the rate of up to 0.50 %
for Investor Class shares and 0.25 %
for Institutional Class shares of the Fund's
average daily
net assets attributable to the relevant class.
Distribution Fees: The Trust, with respect to each Fund, has adopted the Trust's Master Distribution and Shareholder Servicing Plan
for Investor Class shares and Institutional Class shares (the «Plans»), pursuant to Rule 12b - 1 of the 1940 Act, which allows each Fund to pay the Fund's distributor an annual fee
for distribution and shareholder servicing expenses of 0.50 % and 0.25 % of the Fund's
average daily
net assets attributable to Investor Class shares and Institutional Class shares, respectively.
Columbus Life Insurance Company is just under $ 43 billion in total
assets, $ 400 million in
net income, and a capital - to -
asset ratio of 17.5, extraordinarily high
for any life insurance company (nearly 2x the
average of the top 10 companies).
Historically, closed - end funds have traded
for a 4.5 % discount to their
net asset value, on
average.