Basic Fee. One-twelfth of the annual Basic Fee Rate for a class shall be applied to the average of the net assets of the class of the Fund (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. The resulting dollar amount comprises the monthly Basic Fee for the class.
Appears in 70 contracts
Samples: Management Contract (Fidelity Financial Trust), Management Contract (Fidelity Advisor Series Viii), Management Contract (Fidelity Advisor Series Viii)
