Fund Management Fee Sample Clauses
The Fund Management Fee clause defines the compensation that the fund manager receives for managing the assets of the fund. Typically, this fee is calculated as a percentage of the fund’s assets under management and is charged periodically, such as annually or quarterly. This clause ensures that the manager is remunerated for their services and provides clarity to investors regarding the costs associated with participating in the fund, thereby preventing misunderstandings about ongoing expenses.
Fund Management Fee. Transamerica Large Core 0.45% of the first $250 million 0.44% over $250 million up to $750 million 0.43% in excess of $750 million Transamerica Large Growth 0.65% of the first $1 billion 0.635% over $1 billion up to $1.5 billion 0.615% over $1.5 billion up to $2 billion 0.605% over $2 billion up to $3 billion 0.59% over $3 billion up to $4 billion 0.575% over $4 billion up to $5 billion 0.57% over $5 billion up to $7 billion 0.55% in excess of $7 billion Transamerica Large Value Opportunities 0.45% of the first $250 million 0.44% over $250 million up to $750 million 0.43% in excess of $750 million Transamerica Mid Cap Growth 0.705% of the first $200 million 0.685% over $200 million up to $1 billion 0.670% in excess of $1 billion Transamerica Mid Cap Value 0.88% of the first $100 million 0.83% over $100 million up to $550 million 0.79% over $550 million up to $750 million 0.77% over $750 million up to $1 billion 0.76% in excess of $1 billion Transamerica Mid Cap Value Opportunities 0.70% of the first $750 million 0.695% over $750 million up to $1.5 billion 0.685% over $1.5 billion up to $2 billion 0.6775% in excess of $2 billion Transamerica Multi-Asset Income 0.574% of the first $500 million 0.57% over $500 million up to $1 billion 0.545% over $1 billion up to $1.5 billion 0.535% over $1.5 billion up to $2 billion 0.515% in excess of $2 billion Transamerica Multi-Managed Balanced 0.61% of the first $500 million 0.59% over $500 million up to $1 billion 0.56% over $1 billion up to $1.5 billion 0.55% over $1.5 billion up to $2 billion 0.52% over $2 billion up to $5 billion 0.50% in excess of $5 billion Transamerica Short-Term Bond 0.42% of the first $250 million 0.39% over $250 million up to $500 million 0.37% over $500 million up to $1 billion 0.36% in excess of $1 billion Transamerica Small Cap Growth 0.87% of the first $300 million 0.83% in excess of $300 million Transamerica Small Cap Value 0.80% of the first $300 million 0.75% over $300 million up to $800 million 0.71% in excess of $800 million
Fund Management Fee. Transamerica JPMorgan Asset Allocation – Conservative VP Transamerica JPMorgan Asset Allocation – Growth VP Transamerica JPMorgan Asset Allocation – Moderate Growth VP Transamerica JPMorgan Asset Allocation – Moderate VP 0.1225% of the first $10 billion 0.1025% in excess of $10 billion Transamerica JPMorgan Enhanced Index VP 0.60% of the first $1 billion 0.59% over $1 billion up to $2 billion 0.56% over $2 billion up to $3 billion 0.52% over $3 billion up to $4 billion 0.46% in excess of $4 billion Transamerica JPMorgan International Moderate Growth VP 0.1225% of the first $10 billion 0.1025% in excess of $10 billion Transamerica JPMorgan Tactical Allocation VP 0.73% of the first $500 million 0.705% over $500 million up to $750 million 0.68% over $750 million up to $1.5 billion 0.67% over $1.5 billion up to $2.5 billion 0.65% in excess of $2.5 billion Transamerica Madison Diversified Income VP 0.73% of the first $500 million 0.70% over $500 million up to $1 billion 0.68% in excess of $1 billion Transamerica Market Participation Strategy VP 0.68% of the first $500 million 0.65% over $500 million up to $1 billion 0.62% over $1 billion up to $1.5 billion 0.60% in excess of $1.5 billion Transamerica ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Capital Growth VP 0.6825% of the first $1.5 billion 0.6415% over $1.5 billion up to $3 billion 0.59% over $3 billion up to $4 billion 0.575% over $4 billion up to $5 billion 0.55% in excess of $5 billion Transamerica ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Global Allocation VP 0.66% of the first $500 million 0.65% over $500 million up to $750 million 0.64% over $750 million up to $1 billion 0.63% over $1 billion up to $3 billion 0.59% in excess of $3 billion Transamerica ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Global Allocation Managed Risk – Balanced VP 0.20% of the first $2 billion 0.19% over $2 billion up to $4 billion 0.18% over $4 billion up to $6 billion 0.17% over $6 billion up to $8 billion 0.16% over $8 billion up to $10 billion 0.15% in excess of $10 billion Transamerica MSCI EAFE Index VP 0.11% Transamerica Multi-Managed Balanced VP 0.61% of the first $500 million 0.59% over $500 million up to $1 billion 0.56% over $1 billion up to $1.5 billion 0.55% over $1.5 billion up to $2 billion 0.52% over $2 billion up to $5 billion 0.50% in excess of $5 billion
Fund Management Fee. The fund management fee for each of the ILP sub-fund is set out in the fund documents available on our website. You can refer to the respective schedules in the relevant fund prospectuses for details. Fund management fee is deductible from the assets of the ILP sub-fund(s) that the policy invests in and are deducted during daily pricing of the respective Funds. As such, unit prices of Funds are net of this charge at all times. The fund management fee is already accounted for in the unit price and is not an additional charge to the policy. The relevant Portfolio fund manager / ILP sub-fund manager reserves the right to increase the charges. We will update You of such change(s) in accordance with applicable laws and regulations by giving You thirty (30) days’ written notice.
Fund Management Fee. Transamerica Multi-Manager Alternative Strategies Portfolio 0.1925% of the first $500 million 0.1725% over $500 million up to $1 billion 0.1525 over $1 billion up to $2 billion 0.1425% in excess of $2 billion
Fund Management Fee. Fund management fee is payable on Your policy. The fund management fee may range up to 4.00% per annum. The fund management fee is determined by the Portfolio fund manager and is set out in the respective Fund Factsheet and Product Highlights Sheet. Fund management fee is payable from the assets of the ILP sub-funds. The relevant Portfolio fund manager / ILP sub-fund manager reserves the right to increase the charges. We will update You of such change(s) in accordance with applicable laws and regulations by giving You thirty (30) days’ written notice.
Fund Management Fee. Transamerica QS Investors Active Asset Allocation – Conservative VP 0.58% of the first $50 million 0.56% over $50 million up to $250 million 0.54% over $250 million up to $1 billion 0.52% over $1 billion up to $1.5 billion 0.51% over $1.5 billion up to $2.5 billion 0.50% in excess of $2.5 billion
Fund Management Fee. Transamerica Small/Mid Cap Value 0.79% of the first $100 million 0.78% over $100 million up to $350 million 0.77% over $350 million up to $500 million 0.75% over $500 million up to $750 million 0.745% over $750 million up to $1 billion 0.69% over $1 billion up to $1.5 billion 0.68% over $1.5 billion up to $2 billion 0.67% in excess of $2 billion
Fund Management Fee. Transamerica Multi-Managed Balanced VP 0.61% of the first $500 million 0.59% over $500 million up to $1 billion 0.56% over $1 billion up to $1.5 billion 0.55% over $1.5 billion up to $2 billion 0.52% over $2 billion up to $5 billion 0.50% in excess of $5 billion
Fund Management Fee. Transamerica PineBridge Inflation Opportunities VP 0.43% of the first $100 million 0.38% over $100 million up to $500 million 0.375% over $500 million up to $750 million 0.37% in excess of $750 million
Fund Management Fee. The Company may pay Manager a fee (the “Fund Management Fee”) equal to two percent (2%) per year of the committed equity to be used for the management and operation of the Company. The fee for each year shall be based on the net capital accounts as of December 31.