All investment companies charge an annual

Name: All investment companies charge an annual
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Investment companies typically charge a management fee to cover the cost of managing the investments in the fund. This fee is usually a percentage of the assets under management and is charged annually. While some investment companies may also charge other fees such as 12b-1 fees or marketing fees, the management fee is the most common and core fee.

All Investment Companies Charge an Annual