I'm wondering who receives the management fee in a typical business or organizational setting. Is it the top executives, a specific department, or someone else entirely?
6 answers
KpopStarletShine
Fri Oct 25 2024
In some cases, affiliates of the investment adviser may also receive these fees.
Maria
Fri Oct 25 2024
The purpose of management fees is to compensate the investment adviser for managing the fund's investment portfolio.
Michele
Fri Oct 25 2024
Management fees represent a crucial aspect of fund operations.
EchoSolitude
Fri Oct 25 2024
These fees are deducted from the fund's assets.
DigitalLordGuard
Fri Oct 25 2024
Additionally, administrative fees payable to the investment adviser that are not categorized under "Other Expenses" are also covered by these fees.