Common use of Annual Management Charge Clause in Contracts

Annual Management Charge. An annual management charge is payable to the AFM out of each Fund to pay for the services provided for managing each Fund. This charge accrues daily.

Annual Management Charge. An annual management charge is payable to the AFM out of each Fund to pay for the services provided for managing each Fund. This charge accrues daily. Please refer to the Prospectus of the Fund you have selected to see the current rate of the annual management charge. There is currently no annual management charge for Units in the Special Unit Class.

Annual Management Charge. An annual management charge is payable to the AFM out of each Fund to pay for the services provided for managing each Fund. This charge accrues dailyevery Business Day. Please refer to the Prospectus of the Fund you have selected to see the current rate of the annual management charge.