The REIT DOES
charge performance fees once the performance crosses over the return threshold.
Reputable debt settlement companies will
charge a performance fee after your account is settled and paid off.
Funds that
charge a performance fee do not charge lower management fees in return.
Neither charge a performance fee.
Some funds have management fees lower than this and some don't
charge a performance fee, however, management fees are payable regardless of how well the fund performs.
I believe accreditation goes to
charging a performance fee.
Many firms will
charge performance fees to your account.
It's obviously gambling on ICOs right, Do
they charge a performance fee themselves?
And that's why three years later, we were able to get into the mutual fund business, not dilute our strategy, because we were not charging exorbitant rates, we weren't
charging a performance fee on our hedge funds, and so we were able to turn institutional quality hedge funds into mutual funds without diluting our strategy.
The fund is comprised of an actively managed allocation to select managed futures trading advisors within a cost efficient structure that does not
charge any performance fees.
It does not
charge a performance fee.
Not exact matches
But he lied about the mutual funds»
performance that he was pitching, the
fees they were
charging, the commissions he was
charging, and a few more I can't remember now.
Typically, fund managers
charge a management
fee of about 1.5 percent of committed capital and take 20 percent of the fund's profits assuming
performance meets a returns hurdle agreed with investors.
This is because higher interest rates allow banks to
charge higher
fees and, thus, boost their
performance.
While Coinbase has released few details about its financial
performance in the last year, it can likely afford the hiring spree thanks to the soaring volume of crypto - transactions, on which it
charges commission
fees that are typically around 1 %.
The only justification for an ETF to
charge higher
fees than its passively managed ETF benchmark is «active» management that leads to out -
performance.
The only justification for any ETF to
charge higher
fees than its passively managed ETF benchmark is «active» management that leads to out -
performance.
Private equity firms pay corporate taxes under the partnership structure on the management
fees charged to investors, but are mostly shielded from paying these taxes on
performance fees.
You may have confused the «no commission»
charged by outside B / Ds with the
performance fee that is being
charged.
This example doesn't reflect the 10 % federal penalty tax on earnings for withdrawals before age 59 1/2 or the
fees and
charges that would reduce the investment
performance shown.
For each fund with at least a three - year history, Morningstar calculates a Morningstar Ratingä based on a Morningstar Risk - Adjusted Return measure that accounts for variation in a fund's monthly
performance (including the effects of sales
charges, loads, and redemption
fees), placing more emphasis on downward variations and rewarding consistent
performance.
Many factors could cause BlackBerry's actual results,
performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access
fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry ® World ™; risks related to the collection, storage, transmission, use and disclosure of confidential and personal information; BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential
charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry.
These can generate high rates of returns, but there are two concerns: they
charge management
fees that can be considerably high; and they are difficult to judge in terms of
performance.
a) investing their own money alongside you, so your interests are aligned b) a stake in the company they work at i.e. it is a partnership or employee - owned c) a proven ability to outperform an index over the long - term (at least 10 years) d) reasonable
charges — preferably no more than a 1 % management
fee and no
performance fee e) a concentrated, high conviction portfolio i.e. they do not just hug their benchmark f) a low - asset - turnover ratio i.e. they have a long - term investment horizon and rarely sell investments g) a proven ability to preserve capital during the bad times h) a stable team who have worked together for a number of years.
That means non-fiduciary advisors can steer 401 (k) plan sponsors towards investments with hidden
fees, outrageous redemption
charges and lousy
performance to maximize their commissions.
The only justification for a mutual fund to
charge higher
fees than its ETF benchmark is «active» management that leads to out -
performance.
Performance quotations have been calculated as follows: (a) for periods prior to January 1, 2002, a restated figure is used based on the fund's Class A performance, excluding the effect of Class A's maximum initial sales charge and including the Rule 12b - 1 rate differential between Class A and R; and (b) for periods after January 1, 2002, actual Class R performance is used, reflecting all charges and fees applicable to
Performance quotations have been calculated as follows: (a) for periods prior to January 1, 2002, a restated figure is used based on the fund's Class A
performance, excluding the effect of Class A's maximum initial sales charge and including the Rule 12b - 1 rate differential between Class A and R; and (b) for periods after January 1, 2002, actual Class R performance is used, reflecting all charges and fees applicable to
performance, excluding the effect of Class A's maximum initial sales
charge and including the Rule 12b - 1 rate differential between Class A and R; and (b) for periods after January 1, 2002, actual Class R
performance is used, reflecting all charges and fees applicable to
performance is used, reflecting all
charges and
fees applicable to that class.
Performance quotations for this class reflect the following methods of calculation: a) For periods prior to the fund's Advisor Class inception date, a restated figure is used based on the fund's oldest share class, Class A performance, excluding the effect of Class A's maximum initial sales charge but reflecting the effect of the Class A Rule 12b - 1 fees; and b) for periods after the fund's Advisor Class inception date, actual Advisor Class performance is used, reflecting all charges and fees applicable to
Performance quotations for this class reflect the following methods of calculation: a) For periods prior to the fund's Advisor Class inception date, a restated figure is used based on the fund's oldest share class, Class A
performance, excluding the effect of Class A's maximum initial sales charge but reflecting the effect of the Class A Rule 12b - 1 fees; and b) for periods after the fund's Advisor Class inception date, actual Advisor Class performance is used, reflecting all charges and fees applicable to
performance, excluding the effect of Class A's maximum initial sales
charge but reflecting the effect of the Class A Rule 12b - 1
fees; and b) for periods after the fund's Advisor Class inception date, actual Advisor Class
performance is used, reflecting all charges and fees applicable to
performance is used, reflecting all
charges and
fees applicable to that class.
Jeanson said some of the hedge funds
charge high
fees - an average of 1.6 percent for management and 17.5 percent for
performance for funds tracked by Eurekahedge - even though they are using largely passive strategies.
For periods after November 1, 1996, actual
performance is used, reflecting all
charges and
fees applicable to that class.
Rather than trying to outperform, they merely match the market, but they do so at such low costs that they end up outperforming most actively - managed investment funds that
charge high
fees for lackluster
performance.
The
performance fee is
charged only after investors get 100 % of their capital back.
I am only
charging for the script download and no extra
fees will be payable for
performances.
VOICE - ACTIVATED TOUCH - SCREEN NAVIGATION SYSTEM - inc: pinch - to - zoom capability, SiriusXM Traffic and Travel Link w / a 5 - year prepaid subscription, SiriusXM audio and data services each require a subscription sold separately, or as a package, by SiriusXM Radio Inc, If you decide to continue service after your trial, the subscription plan you choose will automatically renew thereafter and you will be
charged according to your chosen payment method at then - current rates,
Fees and taxes apply, To cancel you must call SiriusXM at 1-866-635-2349, See SiriusXM Customer Agreement for complete terms at www.siriusxm.com, All fees and programming subject to change, Sirius, XM and all related marks and logos are trademarks of Sirius XM Radio Inc, SAFE & SMART PACKAGE - inc: Adaptive Cruise Control, Blind Spot Info System w / Cross-Traffic Alert, Pre-Collision Assist w / Pedestrian Detection, automatic emergency braking and forward collision warning w / brake support, Memory Driver Seat, Mirrors & Ambient Lighting, 3 settings, Lane Keeping Alert, Automatic High Beam, Rain - Sensing Windshield Wipers, RADIO: SHAKER PRO AUDIO SYSTEM - inc: 12 - speakers and subwoofer in trunk, HD Radio, MAGNERIDE DAMPING SYSTEM, FRONT LICENSE PLATE BRACKET - inc: Standard in states where required by law, EQUIPMENT GROUP 200A, ENHANCED SECURITY PACKAGE - inc: electronic - locking center console and electronic steering column lock, Active Anti-Theft System, Wheel Locking Kit, ECOBOOST PERFORMANCE PACKAGE - inc: black painted strut tower brace, performance rear wing, unique chassis tuning, unique electronic power assisted steering, unique anti-lock brakes, stability control tuning and upsized rear sway bar, Larger Brake Rotors, 4 - piston fixed calipers, Engine Spun Aluminum Instrument Panel, Gauge Pack (Oil Pressure and Boost), Wheels: 19» x 9» Ebony Black - Painted Aluminum Low gloss, 3.55 TORSEN Limited Slip Rear Axle, HD Front Springs, Larger Radiator, Tires: P255 / 40R19 Summer - Only Designed to optimize driving dynamics and provide superior performance on wet and dry roads, High performance summer tires wear faster than non-performance tires, Ford does not recommend using summer tires when temperatures drop to approximately 45 deg F (7 deg C) or below or in snow / ice conditions, CARBON SPORT INTERIOR PACKAGE - inc: Alcantara door inserts, Alcantara seat inserts, carbon fiber instrument panel and carbon fiber shift knob, Wireless Stream
Fees and taxes apply, To cancel you must call SiriusXM at 1-866-635-2349, See SiriusXM Customer Agreement for complete terms at www.siriusxm.com, All
fees and programming subject to change, Sirius, XM and all related marks and logos are trademarks of Sirius XM Radio Inc, SAFE & SMART PACKAGE - inc: Adaptive Cruise Control, Blind Spot Info System w / Cross-Traffic Alert, Pre-Collision Assist w / Pedestrian Detection, automatic emergency braking and forward collision warning w / brake support, Memory Driver Seat, Mirrors & Ambient Lighting, 3 settings, Lane Keeping Alert, Automatic High Beam, Rain - Sensing Windshield Wipers, RADIO: SHAKER PRO AUDIO SYSTEM - inc: 12 - speakers and subwoofer in trunk, HD Radio, MAGNERIDE DAMPING SYSTEM, FRONT LICENSE PLATE BRACKET - inc: Standard in states where required by law, EQUIPMENT GROUP 200A, ENHANCED SECURITY PACKAGE - inc: electronic - locking center console and electronic steering column lock, Active Anti-Theft System, Wheel Locking Kit, ECOBOOST PERFORMANCE PACKAGE - inc: black painted strut tower brace, performance rear wing, unique chassis tuning, unique electronic power assisted steering, unique anti-lock brakes, stability control tuning and upsized rear sway bar, Larger Brake Rotors, 4 - piston fixed calipers, Engine Spun Aluminum Instrument Panel, Gauge Pack (Oil Pressure and Boost), Wheels: 19» x 9» Ebony Black - Painted Aluminum Low gloss, 3.55 TORSEN Limited Slip Rear Axle, HD Front Springs, Larger Radiator, Tires: P255 / 40R19 Summer - Only Designed to optimize driving dynamics and provide superior performance on wet and dry roads, High performance summer tires wear faster than non-performance tires, Ford does not recommend using summer tires when temperatures drop to approximately 45 deg F (7 deg C) or below or in snow / ice conditions, CARBON SPORT INTERIOR PACKAGE - inc: Alcantara door inserts, Alcantara seat inserts, carbon fiber instrument panel and carbon fiber shift knob, Wireless Stream
fees and programming subject to change, Sirius, XM and all related marks and logos are trademarks of Sirius XM Radio Inc, SAFE & SMART PACKAGE - inc: Adaptive Cruise Control, Blind Spot Info System w / Cross-Traffic Alert, Pre-Collision Assist w / Pedestrian Detection, automatic emergency braking and forward collision warning w / brake support, Memory Driver Seat, Mirrors & Ambient Lighting, 3 settings, Lane Keeping Alert, Automatic High Beam, Rain - Sensing Windshield Wipers, RADIO: SHAKER PRO AUDIO SYSTEM - inc: 12 - speakers and subwoofer in trunk, HD Radio, MAGNERIDE DAMPING SYSTEM, FRONT LICENSE PLATE BRACKET - inc: Standard in states where required by law, EQUIPMENT GROUP 200A, ENHANCED SECURITY PACKAGE - inc: electronic - locking center console and electronic steering column lock, Active Anti-Theft System, Wheel Locking Kit, ECOBOOST
PERFORMANCE PACKAGE - inc: black painted strut tower brace, performance rear wing, unique chassis tuning, unique electronic power assisted steering, unique anti-lock brakes, stability control tuning and upsized rear sway bar, Larger Brake Rotors, 4 - piston fixed calipers, Engine Spun Aluminum Instrument Panel, Gauge Pack (Oil Pressure and Boost), Wheels: 19» x 9» Ebony Black - Painted Aluminum Low gloss, 3.55 TORSEN Limited Slip Rear Axle, HD Front Springs, Larger Radiator, Tires: P255 / 40R19 Summer - Only Designed to optimize driving dynamics and provide superior performance on wet and dry roads, High performance summer tires wear faster than non-performance tires, Ford does not recommend using summer tires when temperatures drop to approximately 45 deg F (7 deg C) or below or in snow / ice conditions, CARBON SPORT INTERIOR PACKAGE - inc: Alcantara door inserts, Alcantara seat inserts, carbon fiber instrument panel and carbon fiber shift knob, Wireless
PERFORMANCE PACKAGE - inc: black painted strut tower brace,
performance rear wing, unique chassis tuning, unique electronic power assisted steering, unique anti-lock brakes, stability control tuning and upsized rear sway bar, Larger Brake Rotors, 4 - piston fixed calipers, Engine Spun Aluminum Instrument Panel, Gauge Pack (Oil Pressure and Boost), Wheels: 19» x 9» Ebony Black - Painted Aluminum Low gloss, 3.55 TORSEN Limited Slip Rear Axle, HD Front Springs, Larger Radiator, Tires: P255 / 40R19 Summer - Only Designed to optimize driving dynamics and provide superior performance on wet and dry roads, High performance summer tires wear faster than non-performance tires, Ford does not recommend using summer tires when temperatures drop to approximately 45 deg F (7 deg C) or below or in snow / ice conditions, CARBON SPORT INTERIOR PACKAGE - inc: Alcantara door inserts, Alcantara seat inserts, carbon fiber instrument panel and carbon fiber shift knob, Wireless
performance rear wing, unique chassis tuning, unique electronic power assisted steering, unique anti-lock brakes, stability control tuning and upsized rear sway bar, Larger Brake Rotors, 4 - piston fixed calipers, Engine Spun Aluminum Instrument Panel, Gauge Pack (Oil Pressure and Boost), Wheels: 19» x 9» Ebony Black - Painted Aluminum Low gloss, 3.55 TORSEN Limited Slip Rear Axle, HD Front Springs, Larger Radiator, Tires: P255 / 40R19 Summer - Only Designed to optimize driving dynamics and provide superior
performance on wet and dry roads, High performance summer tires wear faster than non-performance tires, Ford does not recommend using summer tires when temperatures drop to approximately 45 deg F (7 deg C) or below or in snow / ice conditions, CARBON SPORT INTERIOR PACKAGE - inc: Alcantara door inserts, Alcantara seat inserts, carbon fiber instrument panel and carbon fiber shift knob, Wireless
performance on wet and dry roads, High
performance summer tires wear faster than non-performance tires, Ford does not recommend using summer tires when temperatures drop to approximately 45 deg F (7 deg C) or below or in snow / ice conditions, CARBON SPORT INTERIOR PACKAGE - inc: Alcantara door inserts, Alcantara seat inserts, carbon fiber instrument panel and carbon fiber shift knob, Wireless
performance summer tires wear faster than non-
performance tires, Ford does not recommend using summer tires when temperatures drop to approximately 45 deg F (7 deg C) or below or in snow / ice conditions, CARBON SPORT INTERIOR PACKAGE - inc: Alcantara door inserts, Alcantara seat inserts, carbon fiber instrument panel and carbon fiber shift knob, Wireless
performance tires, Ford does not recommend using summer tires when temperatures drop to approximately 45 deg F (7 deg C) or below or in snow / ice conditions, CARBON SPORT INTERIOR PACKAGE - inc: Alcantara door inserts, Alcantara seat inserts, carbon fiber instrument panel and carbon fiber shift knob, Wireless Streaming.
Other Installed Mechanical Features Include Power Windows, Heated Mirrors, Traction Control, Power Locks, Power Mirrors, a Power Passenger Seat, Disc Brakes, a Tire Pressure Monitoring System, a Locking Rear Differential, a Telescoping Wheel, Cruise Control, Intermittent Wipers, a Rear Window Wiper, a Trip Computer, a Spare Tire (Small Size), Variable Speed Intermittent Wipers, Power Steering, a Tachometer, Remote Trunk Release, Tires - Rear
Performance, and Tires - Front
Performance * INTERIOR OPTIONS: * Delaware, Westerville & Marysville used car shoppers are lighting up the phones at our Deleware, OH dealership over these interior options: Dual Power Seats, Automatic Climate Control, a Compass, a Power Drivers Seat, an Overhead Console, an Adjustable Lumbar Seat (s), a Cargo Shade, a Leather Wrapped Steering Wheel, Bucket Seats, a Pass - Through Rear Seat, Air Conditioning, Illuminated entry, an Adjustable Steering Wheel, a Driver Illuminated Vanity Mirror, Rear seat center armrest, a Passenger Illuminated Visor Mirror, Vanity Mirrors, Floor Mats, a Bench Seat, a Split Folding Rear Seat, a Tilt Steering Wheel, and a Rear Window Defroster * EXTERIOR OPTIONS: * From Marysville to Marion you'll arrive in style with exterior options like: FOG LAMPS, Aluminum Wheels, a Cargo / Bed Lamp, Privacy Glass, an Auto Headlamp, and a Spoiler / Ground Effects * SAFETY OPTIONS: * Whether steering your way to work in Westerville or soccer practice in Scioto County, you'll enjoy peace of mind with the following safety equipment options: Xenon Headlamps, HID Headlamps, Electronic Stability Control, Side Mirror Turn Signals, a Rain Sensing Windshield Wipers, Daytime Running Lights, Brake Assist, Integrated Turn Signal Mirrors, Overhead airbag, Delay - off headlights, Occupant sensing airbag, Auto Leveling Headlights, a Rear Head Air Bag, Anti-Lock Brakes, a Drivers Air Bag, an Auto Dimming R / V Mirror, a Front Side Air Bags, a Passenger Air Bag Sensor, Child Proof Locks, a Front Head Air Bag, and a Passenger Air Bag * DISCLAIMER: * Sales Tax, Title, License
Fee, Registration
Fee, $ 250 Dealer Documentary
Fee, Finance
Charges, Emission Testing
Fees and
* BLACK FABRIC SEAT TRIM, RALLY RED METALLIC, ACCESSORY REAR PARK ASSIST SENSORS, Front Wheel Drive, Power Steering, ABS, 4 - Wheel Disc Brakes, Brake Assist, Aluminum Wheels, Tires - Front
Performance, Tires - Rear
Performance, Temporary Spare Tire, Heated Mirrors, Power Mirror (s), Integrated Turn Signal Mirrors, Rear Defrost, Privacy Glass, Intermittent Wipers, Variable Speed Intermittent Wipers, Rear Spoiler, Power Door Locks, Automatic Headlights, AM / FM Stereo, CD Player, MP3 Player, Steering Wheel Audio Controls, Bluetooth Connection, Auxiliary Audio Input, Bucket Seats, Pass - Through Rear Seat, Rear Bench Seat, Adjustable Steering Wheel, Trip Computer, Power Windows, Leather Steering Wheel, Keyless Entry, Cruise Control, A / C, Cloth Seats, Driver Vanity Mirror, Passenger Vanity Mirror, Floor Mats, Security System, Engine Immobilizer, Traction Control, Stability Control, Front Side Air Bag, Tire Pressure Monitor, Driver Air Bag, Passenger Air Bag, Front Head Air Bag, Rear Head Air Bag, Passenger Air Bag Sensor, Knee Air Bag, Child Safety Locks * Advertised prices are subject to sales tax, title, license, registration, dealer documentary
fee, and finance
charges.
* Front Wheel Drive, Power Steering, ABS, 4 - Wheel Disc Brakes, Brake Assist, Aluminum Wheels, Tires - Front
Performance, Tires - Rear
Performance, Temporary Spare Tire, Heated Mirrors, Power Mirror (s), Integrated Turn Signal Mirrors, Rear Defrost, Privacy Glass, Intermittent Wipers, Variable Speed Intermittent Wipers, Power Door Locks, Automatic Headlights, Fog Lamps, AM / FM Stereo, Satellite Radio, MP3 Player, Steering Wheel Audio Controls, Bluetooth Connection, Auxiliary Audio Input, HD Radio, Smart Device Integration, Bucket Seats, Heated Front Seat (s), Pass - Through Rear Seat, Rear Bench Seat, Adjustable Steering Wheel, Trip Computer, Power Windows, 3rd Row Seat, Leather Steering Wheel, Keyless Entry, Keyless Start, Cruise Control, Climate Control, Multi-Zone A / C, Cloth Seats, Driver Vanity Mirror, Passenger Vanity Mirror, Driver Illuminated Vanity Mirror, Passenger Illuminated Visor Mirror, Floor Mats, Security System, Engine Immobilizer, Traction Control, Stability Control, Front Side Air Bag, Tire Pressure Monitor, Driver Air Bag, Passenger Air Bag, Front Head Air Bag, Rear Head Air Bag, Passenger Air Bag Sensor, Knee Air Bag, Child Safety Locks, Back - Up Camera * Advertised prices are subject to sales tax, title, license, registration, dealer documentary
fee, and finance
charges.
«The rest,» says the financial journalist Morgan Housel, «
charge ten times the
fees of mutual funds for half the
performance of index funds, pay half the income - tax rates of taxi drivers, and have triple the ego of rock stars.
In case a share class is created after the fund's launch date, a simulated past
performance is used, based upon the
performance of an existing share class within the fund, taking into account the difference in the ongoing
charges and the portfolio transaction costs, and including the impact of any
performance fees if applicable.
These
fees are
charged regardless of
performance.
PNC does fall behind in its ATM policies: only
Performance Select Checking offers $ 0 in non-network
fees, along with just $ 10 in monthly reimbursements for ATM
fees charged by operators.
Most hedge funds
charge a 1 to 2 percent
fee on assets regardless of the fund's
performance, plus an additional 20 percent
fee on the fund's earnings.
Wrap
Fee: A wrap fee is an amount charged to a client of an investment advisor for several services wrapped together, such as portfolio management, asset allocation, custodial services, execution of transactions, and preparation of quarterly performance repor
Fee: A wrap
fee is an amount charged to a client of an investment advisor for several services wrapped together, such as portfolio management, asset allocation, custodial services, execution of transactions, and preparation of quarterly performance repor
fee is an amount
charged to a client of an investment advisor for several services wrapped together, such as portfolio management, asset allocation, custodial services, execution of transactions, and preparation of quarterly
performance reports.
They
charge high
fees and deliver
performance less than the market.
Funds with the highest management
fees tend to be actively managed funds with one or several fund managers in
charge of delivering
performance.
Returns shown for the subaccounts for periods before their inception are derived from the historical
performance of the underlying fund, adjusted to reflect the mortality, expense risk, and surrender
charges applicable to this product and do not factor in the annual $ 30 contract maintenance
fee.
There are no initial
charges, exit
charges or
performance fees.
This is because, despite the misleading name, the TER leaves out three other
charges, namely: initial sales
charges,
performance fees and transaction costs.
Initial sales
charges, transaction costs,
performance fees: most financial products are far too expensive.
And, they
charge higher
fees than passive funds have a historically better
performance history with fewer
fees.