Base Fee. As in the initial year, the Base Fee shall be calculated each month on a daily basis by applying the Base Fee Rate to the total Fund Net Assets from the prior day. Formula: Daily Base Fee = Prior Day Fund Net Assets * (Base Fee Rate / 365 or 366) ● Performance Fee
Appears in 3 contracts
Samples: Sub Advisory Agreement (Dunham Funds), Sub Advisory Agreement (Dunham Funds), Sub Advisory Agreement (Dunham Funds)
Base Fee. As in the initial year, the The Base Fee shall be calculated each month on a daily basis by applying the Base Fee Rate to the total Fund Net Assets from the prior day. Formula: Daily Base Fee = Prior Day Fund Net Assets * (Base Fee Rate / 365 or 366365) ● Performance Fee
Appears in 2 contracts
Samples: Sub Advisory Agreement (Dunham Funds), Sub Advisory Agreement (Dunham Funds)
Base Fee. As in the initial year, the The Base Fee shall be calculated each month on a daily basis by applying the Base Fee Rate to the total Fund Net Assets from the prior day. Formula: Daily Base Fee = Prior Day Fund Net Assets * (Base Fee Rate / 365 or 366) ● Performance Fee
Appears in 2 contracts
Samples: Sub Advisory Agreement (Dunham Funds), Sub Advisory Agreement (Dunham Funds)
Base Fee. As in the initial year, the Base Fee shall be calculated each month on a daily basis by applying the Base Fee Rate to the total Fund Net Assets from the prior day. Formula: Daily Base Fee = Prior Day Fund Net Assets * (Base Fee Rate / 365 or 366366 for leap years) ● Performance Fee
Appears in 1 contract
