Meaning annual management charge
What does annual management charge mean? Here you find 5 meanings of the word annual management charge. You can also add a definition of annual management charge yourself
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annual management chargeAn investment manager is generally remunerated through receipt of an Annual Management Charge (AMC). The AMC is normally a percentage of the assets, but other pricing options can be used, such as a fi [..]
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annual management chargeThe charge, usually a set percentage, levied each year by fund managers to cover the cost of the running their fund.
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annual management chargePart of the ongoing charge
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annual management chargeThe annual fee levied on fund holders to cover the costs of managing the fund. It is calculated as a percentage of the value of the fund.
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annual management chargeA charge taken from the fund. The charge is expressed as a percentage per annum but is normally taken daily from the fund and is calculated based on the value of funds under management. Normally the fund manager reserves the right to review the level of charge. Annualised volatility
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