Management fee
Periodic payment by an investment fund to its adviser / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Management fee?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
In the investment advisory industry, a management fee is a periodic payment that is paid by an investment fund to the fund's investment adviser for investment and portfolio management services. Often, the fee covers not only investment advisory services, but administrative services as well.[1] Usually, the fee is calculated as a percentage of assets under management.
In manage property sector, is also used. Usually under management contract. Is used for running hotels, and restaurants.