Costs & Fees
Platform Fee
Definition
What is Platform Fee?
A fee charged by an investmentAn asset or commitment of money made with the expectation of future income, growth, or both. platform for access, custody, administration, or transactions.
Example in practice
How This Looks in Practice
The app charges a monthly platform fee.
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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.