Annual management fee structure
Example
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Annual management fee structure
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1.00% on the initial $100,000.00 in assets.
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0.75% on an additional $200,000.00 in assets.
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0.50% on an additional $300,000.00 in assets.
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0.25% on an additional $400,000.00 in assets.
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0.15% on the balance exceeding $1,000,000.00.
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Fees are payable at the end of each quarter and are based on the net market value of
assets under management at the end of each quarter.
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Example
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Account size
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Annual fee
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%
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$50,000.00
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$500.00
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1.00 %
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$100,000.00
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$1000.00
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1.00 %
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$200,000.00
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$1750.00
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0.88 %
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$300,000.00
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$2500.00
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0.83 %
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$400,000.00
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$3000.00
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0.75 %
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$500,000.00
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$3500.00
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0.70 %
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$600,000.00
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$4000.00
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0.67 %
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$800,000.00
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$4400.00
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0.55 %
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$1,000,000.00
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$5000.00
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0.50 %
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$2,000,000.00
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$6500.00
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0.33 %
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$3,000,000.00
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$8000.00
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0.27 %
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$5,000,000.00
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$11,000.00
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0.22 %
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