TER definition

TER means trading expense ratio and represents total commissions and other portfolio transaction costs expressed as an annualized percentage of daily average net asset value.

Examples of TER in a sentence

  • However, the same shall be within the maximum TER limit as applicable to the main portfolio.

  • The legal charges in excess of the TER limits, if any, shall be borne by the AMC.

  • However, TER (excluding the investment and advisory fees) can be charged, on a pro-rata basis only upon recovery of the investments in segregated portfolio.

  • The TER so levied shall not exceed the simple average of such expenses (excluding the investment and advisory fees) charged on daily basis on the main portfolio (in % terms) during the period for which the segregated portfolio was in existence.

  • Any payment towards brokerage and transaction cost, over and above the said 12 bps and 5bps for cash market transactions and derivatives transactions respectively may be charged to the scheme within the maximum limit of Total Expense Ratio (TER) as prescribed under regulation 52 of the SEBI (Mutual Funds) Regulations, 1996.


More Definitions of TER

TER means total expense ratio, being the level of fees payable by each Fund as set out in the Supplement for the relevant Fund.
TER shall have the meaning set forth in the preamble hereof.
TER means the total actual expenses of the Fund (being the ordinary operating expenses of the Fund including but not limited to the management fee (before adjustment) and any fees payable to the Trustee but exclusive of any establishment costs, costs of acquiring and disposing of investments, interest expenses, taxes, any non-recurring or extraordinary losses and expenses or any litigation costs or expenses incurred in connection therewith and other capital costs of the Fund) calculated on an accrual basis and expressed as a percentage per annum of the latest available Net Asset Value of the Fund “Trust” means First Sentier Investors Umbrella Funds “Trust Deed” means the trust deed between the Manager and the Trustee establishing the Trust “Trustee” means HSBC Institutional Trust Services (Asia) Limited in its capacity as the trustee of the Trust “Unit” means a unit in a Sub-Fund of the Trust “Unitholder” means a person who is registered on the register as the holder of a Unit “US dollars”, “US$” and “cent” means the lawful currency of the United States of America “US Person” means a person so defined by Regulation S under the United States Securities Act of 1933 (as amended) and for the purposes of this Explanatory Memorandum, generally will include, subject to certain exceptions, (A) a natural person resident in the U.S., (B) a partnership or corporation organized or incorporated under the laws of the US (C) any estate of which any executor or administrator is a US Person, and (D) any trust of whichany trustee is a US Person.
TER means trading expense ratio and represents total commissions and portfolio transaction costs expressed as an annualized percentage of
TER means trading expense ratio.
TER means Trump Entertainment Resorts, Inc., a Delaware corporation.