Sentences with phrase «institutional class of shares»

The Institutional Class of shares has the same management fee as the Investor Class shares but is not subject to the Fund's 12b - 1 (Distribution / Service) fee, which was approximately 0.21 % during the last fiscal year, resulting in lower overall expenses to be paid by the Institutional Class shareholder.

The minimum investment for its institutional class of shares (VEDTX) is $ 5 million at a 0.11 % expense ratio; the Institutional Plus shares (VEDIX) are available for 0.08 %, but require a minimum investment of $ 100 million.

Not exact matches

The Council of Institutional Investors, an association representing funds and managers with over $ 3 trillion in assets under management, is «no fan of dual class shares or entrenched founders.

Volatility represented by annualized standard deviation of monthly returns for Institutional shares, all other share classes will vary, from first month - end after inception (2/28/89).

Yet the plan still used the share class available to retail investors, with fees of 1.10 percent, rather than the institutional share class that became available in 2013, which had a fee of 0.87 percent.

The ETF will have an expense ratio of 0.55 %, according to the prospectus, compared with 0.46 % for the institutional share class of PIMCO Total Return Fund.

The PIMCO Total Return Fund has provided an impressive performance over its 25 - year lifespan, with a cheap institutional cost of 0.46 % and a 0.90 % expense ratio on its class A shares fund.

Performance shown for the periods prior to the inception of the State Street Institutional Treasury Plus Money Market Fund - Trust Class on August 29, 2016 reflects the historical performance of the Fund's Investment Class shares.

First, the largest share class of the fund, returning -0.74 % in one year to September 30, is institutional (PTTRX).

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.

Instead of being the Institutional EM Fund, it will become the Institutional share class Laudus Mondrian Emerging Markets (LEMIX).

The performance figures presented reflect the total return performance for Institutional Class shares (after fees) and reflect changes in share price and reinvestment of dividend and capital gain distributions.

* 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.

Parnassus launches institutional share classes for each fund, with the exception of Core Equity which has had an institutional share class since 2006

The institutional share class of the no load Equity Fund is available to investors with a $ 250,000 investment minimum.

For example, some retirement plans offer the institutional share class of Vanguard FTSE Social Index Fund (VFTNX).

Both of the fund's tickers, WEFIX and WSHNX, offer investors access to the same underlying portfolio, but WEFIX is now an institutional share class with a high initial -LSB-...]

Whereas her retirement plan offered Vanguard institutional share classes, we cover Vanguard Investor shares and ETFs of the very same portfolios.

In a spectacularly thoughtful gesture, individuals who invest directly with the fund and who establish an automatic investment plan on their accounts are eligible for a waiver of the institutional share class's minimum investment requirement.

In addition, 77 % of MFA program sponsors believe that fund managers will need an institutional share class to be competitive in the next three years.

A special class of institutional investors known as «authorized participants» (APs) have the ability to create or destroy shares of the ETF at any time.

For its first month of operation, RiverPark will waive the normal minimum investment on its institutional share class for investors who purchase directly from them.

For example, the fee structures of a retail share class will vary from that of an institutional share class, as retail shares tend to have higher operating expenses and sales charges.

The defendants further contended that «the unions understood and accepted this bargain... Because the unions accepted this bargain, and because for most of the 17 funds at issue, fees charged to plan participants by the «retail» class were the same as the fees charged by the «institutional» class, net of the revenue sharing paid by the funds to defray the plan's recordkeeping costs, defendants argue that investment in the retail share classes was prudent.»

Each of the other funds in the Heartland family of value investment focused mutual funds also offers an institutional share class.

Following some lengthy analysis of the facts and the previous decisions in the case, the district court «concludes that defendants are liable for breaching their fiduciary obligations and are liable beginning on August 16, 2001 — or for three funds the later date institutional share classes become available — for the actual loss in excessive fees paid and for the lost investment opportunity of this breach.»

Milwaukee — May 1, 2017 — Heartland Funds announced today the launch of institutional class shares for the Heartland International Value Fund effective May 1, 2017.

Second, I was quick to recognize that this spinoff had all the makings of a classic Joel Greenblatt (meaning, attractive) spinoff; the parent's two businesses were in completely unrelated fields (Coal and small home kitchen equipment), it was somewhat complicated (family controlled, dual class share structure) and it was a small enough transaction to be under the radar of most institutional and hedge funds.

This year's speakers include Larry Robbins, founder of Glenview Capital Management; Jamie Dinan, founder and CEO of York Capital Management; Jacob Doft, Jeffrey Smith CEO and CIO at Starboard Value; Sahm Adrangi Managing Partner, Kerrisdale Capital Management; Steven Shapiro, founding partner of GoldenTree; and more than a dozen other world class institutional investors ready to share actionable ideas with attendees and detail their approach to analyzing potential investments.

Also, re: load funds... most of load funds» shares are sold without loads these days (institutional - or advisor - class shares, or R - class shares for 401 (k) s).

Because the NAV per share of the Institutional Class shares may be higher or lower than that of the Investor Class shares at the time of conversion, although the total dollar value will be the same, a shareholder may receive more or fewer Institutional Class shares than the number of Investor Class shares converted.

If the total market value of your Institutional Class shares account declines to less than $ 100,000 due to a redemption, we may convert your Institutional Class shares into Investor Class shares of the Fund on the basis of relative NAV's.

Your entire purchase price is invested in Fund shares at the net asset value («NAV») per share of the Institutional Class.

A conversion from Investor Class shares to Institutional Class shares of the Fund or from Institutional Class shares to Investor Class shares of the Fund pursuant to the preceding paragraphs should generally not be a taxable exchange for federal income tax purposes.

Third, it will have access to institutional share classes, which typically charge lower expenses than the retail versions of the same funds.

Although the total dollar value will be the same, a shareholder may receive more or fewer Investor Class shares than the number of Institutional Class shares converted.

We are pleased to announce that Wintergreen Fund (the «Fund») has created a new class of shares effective December 30, 2011 — the Institutional Cclass of shares effective December 30, 2011 — the Institutional ClassClass.

The authors conclude that the phenomenon of making poorly timed allocation decisions is observed disproportionately in less sophisticated investors, who are more likely to invest in funds with high expense ratios and who do not qualify for institutional share class funds.

The reported expense reductions include different classes of fund shares, such as Investor, Admiral ETF, Institutional, and Institutional Plus, for the 12 months ended Oct. 31, 2015; they also encompass seven fund categories — international stock index, international actively managed stock, international bond index, domestic stock index, domestic actively managed stock, target - risk and tax - exempt money market.

Trillium's Small / Mid Cap Fund (TSMDX) is available as an institutional share class and has minimum investment of $ 100,000.

For Institutional Class, Class A, Class C, and Class R6 total (net) expense represents, and for Investor Class and Trust Class shares gross expense represents, the total annual operating expenses that shareholders pay (after the effect of fee waivers and / or expense reimbursement).

The Fund's Institutional Class was used to calculate beta, a measure of the magnitude of a fund's past share price fluctuations in relation to the fluctuations in the stock market (as represented by the Fund's benchmark).

As of March 31, 2018, the Akre Focus Fund Retail Share class (AKREX) and the Akre Focus Fund Institutional Share class (AKRIX) were rated 5 - Star against 1213 Large Growth funds over the last three years.

Each Fund offers two classes of shares; Investor Class shares and Institutional Class shares.

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 cClass shares and 0.25 % for Institutional Class shares of the Fund's average daily net assets attributable to the relevant cClass shares of the Fund's average daily net assets attributable to the relevant classclass.

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.

Share Classes: This Prospectus describes two classes of shares offered by each Fund: Investor Class shares and Institutional Class Classes: This Prospectus describes two classes of shares offered by each Fund: Investor Class shares and Institutional Class classes of shares offered by each Fund: Investor Class shares and Institutional Class shares.

Plan of Distribution Pursuant to Rule 12b - 1 for Institutional Class shares was previously filed as an exhibit to the Registrant's Registration Statement on August 14, 2015 with Post-Effective Amendment No. 1 and is incorporated by reference.

Investor Class Shares and Institutional Class shares pay an annual fee of up to 0.50 % and 0.25 %, respectively, for distribution and shareholder services expenses pursuant to a plan under Rule 12Shares and Institutional Class shares pay an annual fee of up to 0.50 % and 0.25 %, respectively, for distribution and shareholder services expenses pursuant to a plan under Rule 12shares pay an annual fee of up to 0.50 % and 0.25 %, respectively, for distribution and shareholder services expenses pursuant to a plan under Rule 12b - 1.