Costs & Fees
Advisory Fee
Definition
What is Advisory Fee?
A fee paid for investmentAn asset or commitment of money made with the expectation of future income, growth, or both. advice or portfolioThe complete collection of investments owned by an investor or managed under one mandate. management.
Example in practice
How This Looks in Practice
The client pays 1% of assets annually to the adviser.
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Related Terms
Costs & Fees
Management Fee
The recurring fee paid from fund assets to the fund manager for managing the portfolio.
Costs & FeesExpense Ratio
A fund's annual operating expenses expressed as a percentage of its average net assets.
Costs & FeesEntry Load
A charge deducted when an investor subscribes to a fund.
Plans & OptionsAccumulation Option
A fund option that retains or reinvests income so it contributes to unit-value growth.