All investment companies charge an annual

Question

Quizplus · Accepted Answer

Investment companies typically charge a management fee for overseeing the investments in a particular fund. This fee is charged as a percentage of assets under management and covers the costs of research, administration, and other expenses related to managing the fund. Other fees, such as redemption fees or maintenance fees, may be charged in certain circumstances or for certain types of accounts, but they are not universal across all investment companies. Marketing and distribution fees may be associated with specific funds or products, but not all investment companies charge them as an annual fee. Market adjustment is not a fee, but rather a term used to describe changes in the value of an investment due to market conditions.

All Investment Companies Charge an Annual