Discount Calculation a. Collect information necessary to establish the discount percent for the LEA and update the E-rate Productivity Center (EPC) applicant profile(s).
Discount Calculation. Effective Fee x 0% on the first $800 million of average daily net assets of the Funds + Effective Fee x 5% on the next $700 million of average daily net assets of the Funds + Effective Fee x 7.5% on the next $1.5 billion of average daily net assets of the Funds + Effective Fee x 10% on combined average daily net assets of the Funds in excess of $3 billion = Total Fee Discount to be applied to Original Sub-Advisory Fee
