Custody Administration Fees definition
Custody Administration Fees. Annual Fees: .00015 On First $500 Million of Average Net Assets .0001 On Next $1.5 Billion of Average Net Assets .00009 Over $2.0 Billion of Average Net Assets Minimum $3,600.00 Per Portfolio Per Year Custody Domestic Securities Transactions Charge: $12.00 Book Entry DTC, Federal Book Entry, PTC *For the McM S&P 500 Index Fund First 100 transactions per month $12.00 Over 100 transactions per month $10.00 $20.00 Physical/Options/Futures $7.00 Mortgage Backed Securities-Principal Pay Down Per Pool $24.00 RICs, GICs $4.00 Wire Transfer in/out not related to Securities Transaction Note: A transaction includes, Buys, Sells, Maturities or Free Security Movement When Issued, Securities Lending, Index Futures: Should any of these investment vehicles require a separate segregated custody Account, a fee of $250.00 per account per month will apply.
Custody Administration Fees. Annual Fees: .00015 On First $500 Million of Average Net Assets .0001 On Next $1.5 Billion of Average Net Assets .00009 Over $2.0 Billion of Average Net Assets Minimum $3,600.00 Per Portfolio Per Year Custody Domestic Securities Transactions Charge: $12.00 Book Entry DTC, Federal Book Entry, PTC $20.00 Physical/Options/Futures $7.00 Mortgage Backed Securities-Principal Pay Down Per Pool $24.00 RICs, GICs $4.00 Wire Transfer in/out not related to Securities Transaction Note: A transaction includes, Buys, Sells, Maturities or Free Security Movement When Issued, Securities Lending, Index Futures: Should any of these investment vehicles require a separate segregated custody Account, a fee of $250.00 per account per month will apply.