Management Fee Rate. The annual Management Fee Rate for a class shall be the lesser of (1) the class’s Mandate Rate reduced by the class’s Discount Rate or (2) the Maximum Management Fee Rate set forth in Schedule 2 of this Contract, if applicable.
Appears in 88 contracts
Samples: Management Contract (Fidelity Advisor Series Ii), Management Contract (Fidelity California Municipal Trust), Management Contract (Variable Insurance Products Fund Iv)