Management Fee. One–twelfth of the annual Management Fee Rate for a class shall be applied to the average of the net assets of the class of the Fund (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. The resulting dollar amount comprises the monthly Management Fee for the class.
Appears in 44 contracts
Samples: Management Contract (Variable Insurance Products Fund Iii), Management Contract (Variable Insurance Products Fund Iii), Management Contract (Variable Insurance Products Fund Iii)
Management Fee. One–-twelfth of the annual Management Fee Rate for a class shall be applied to the average of the net assets of the class of the Fund (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. The resulting dollar amount comprises the monthly Management Fee for the class.
Appears in 42 contracts
Samples: Management Contract (Fidelity Summer Street Trust), Management Contract (Fidelity Summer Street Trust), Management Contract (Fidelity Select Portfolios)
