Annual Management Fees. Section 10 of the Advisory Agreement provides for annual fees (payable monthly) computed as the sum of specified percentages of the aggregate Net Asset Values of each of the Classes of REIT Shares (hereinafter referred to as the “management fee”). For each fiscal year of the Partnership, the management fee shall be allocated among the Classes of Partnership Units as follows:
Annual Management Fees. The fee is a percentage of your total assets under management with us. The fees are structured into tiers depending on the size of your portfolio. The same fees apply to Classic and ESG investment styles. The annual management fee for our Actively Managed and Fixed Allocation product lines are distinct and not shared. For example, you would not be eligible for the £100,000 tier if you held £50,000 in Fixed Allocation and £50,000 in Actively Managed. Actively Managed portfolios - Annual management fee (Including VAT) Under £100,000: ● 0.75% on investments up to £10,000 ● 0.70% on investments between £10,000 and £20,000 ● 0.65% on investments between £20,000 and £50,000 ● 0.60% on investments between £50,000 and £100,000 Over £100,000: ● 0.45% on investments between £100,000 and £250,000 ● 0.40% on investments between £250,000 and £500,000 ● 0.35% on investments over £500,000 By way of examples: If a client invests £70,000, they would pay fees of: ● 0.60% on the whole £70,000 = £420 ● Total includes VAT If a client invests £110,000, they would pay fees of: ● 0.45% on the whole £110,000 = £495 ● Total includes VAT Fixed Allocation portfolios - Annual management fee (Including VAT) ● 0.45% on investments up to £100,000 ● 0.35% on investments between £100,000 and £250,000 ● 0.30% on investments between £250,000 and £500,000 ● 0.25% on investments over £500,000 By way of examples: If a client invests £70,000, they would pay fees of: ● 0.45% on the whole £70,000 = £315 ● Total includes VAT If a client invests £110,000, they would pay fees of: ● 0.35% on the whole £110,000 = £385 ● Total includes VAT We reserve the right to review the fees where we believe total gross contributions are being manipulated by deposits and subsequent withdrawals, or other unreasonable activity.
Annual Management Fees. The fee is a percentage of your total assets under management with us. The fees are structured into tiers (or brackets) depending on the size of your Account (similar to the tax system), as set out in the table below: Annual management fee (Including VAT) ● 0.7% between £0 and £20,000 ● 0.6% between £20,001 and £100,000 ● 0.5% between £100,001 and £500,000; and ● 0.4% over £500,001 By way of example, if a client invests £70,000 with us, they would pay fees of: ● 0.7% on the first £20,000 £140.00 ● 0.6% on the next £50,000 £300.00 ● Total = £440.00 including VAT We reserve the right to review the fees where we believe total gross contributions are being manipulated by deposits and subsequent withdrawals, or other unreasonable activity.
Annual Management Fees. For services to be performed by Manager, County shall payto Manager for each year following the Commencement Date an annual management fee (the “Management Fee”), as shown on Exhibit A “Management Fee,” such sum to be paid, in each year, in twelve (12) equal installmentson or before the first business day of the month throughout the Term hereof. The Management Fee shall be prorated for any partial year or month during such period. The Parties acknowledge that, in addition to this Agreement, they are parties to an agreement for the Tourist Promotion Program, in which the Manager receives compensation for its marketing services, separate from the Facilities, as provided in that Agreement (“Tourist Promotion Program Compensation”). In no event shall the total compensation paid in any one month period to Manager, including the Tourist Promotion Program Compensation, the Management Fee, and the Operating Expenses Allowance together, as defined below in Section 8.2, exceed 83% of the average gross Hotel Occupancy Tax revenues received by the County in the prior three (3) month period (“83% Cap Amount”). In the event that the Tourist Promotion Program Compensation, the Management Fee, and the Operating Expenses Allowance together will exceed the 83% Cap Amount, each of the Tourist Promotion Program Compensation, the Management Fee, and the Operating Expenses Allowance shall be reduced pro rata so as not to exceed, in total, the 83% Cap Amount. For avoidance of doubt, the 83% Cap Amount shall not apply to any Annual Incentive due hereunder. However, the Annual Incentive shall not exceed 100% of the Management Fee received by the Manager in any contract year. Manager shall not be entitled to any compensation in addition to the Management Fee and the Annual Incentive, as described in this Agreement.
Annual Management Fees. The fee is a percentage of your total assets under management with us. The fees are structured into tiers depending on the size of your portfolio. The same fees apply to Classic and ESG investment styles. Annual management fee (Including VAT) ● 0.75% between £500 and £10,000 ● 0.6% between £10,001 and £50,000 ● 0.5% between £50,001 and £100,000; and ● 0.35% from £100,001 and above By way of example, if a client invests £70,000 with us, they would pay fees of: ● 0.75% on the first £10,000 = £75.00 ● 0.6% on the next £40,000 = £240.00 ● 0.5% on the remaining £20,000 = £100.00 ● Total = £415.00 including VAT We reserve the right to review the fees where we believe total gross contributions are being manipulated by deposits and subsequent withdrawals, or other unreasonable activity.
Annual Management Fees. The fee is a percentage of your total assets under management with us. The fees are structured into tiers depending on the size of your portfolio. The same fees apply to Classic and ESG investment styles. Annual management fee (Including VAT) Under £100,000: ● 0.75% on investments up to £10,000 ● 0.70% on investments between £10,000 and £20,000 ● 0.65% on investments between £20,000 and £50,000 ● 0.60% on investments between £50,000 and £100,000 Over £100,000: ● 0.45% on investments between £100,000 and £250,000 ● 0.40% on investments between £250,000 and £500,000 ● 0.35% on investments over £500,000 By way of examples: If a client invests £70,000, they would pay fees of: ● 0.60% on the whole £70,000 = £420 ● Total includes VAT If a client invests £110,000, they would pay fees of: ● 0.45% on the whole £110,000 = £495 ● Total includes VAT We reserve the right to review the fees where we believe total gross contributions are being manipulated by deposits and subsequent withdrawals, or other unreasonable activity.
