CALCULATION OF THE BASE FEE. The Base Fee for each fiscal quarter of the Fund is calculated by applying the following Annual Percentage Rate Schedule (shown below) to the average of the month-end net assets of the BG Portfolio during such fiscal quarter, and dividing the result by 4. --------------------------------------------------------------------- ANNUAL PERCENTAGE RATE SCHEDULE --------------------------------------------------------------------- AVERAGE MONTH-END ANNUAL PERCENTAGE NET ASSETS RATE --------------------------------------------------------------------- On the first $1.5 billion 0.150% --------------------------------------------------------------------- On the next $2.0 billion 0.125% --------------------------------------------------------------------- On assets over $3.5 billion 0.100% ---------------------------------------------------------------------
Appears in 3 contracts
Samples: Investment Advisory Agreement (Vanguard World Funds), Investment Advisory Agreement (Vanguard World Funds), Investment Advisory Agreement (Vanguard World Funds)
CALCULATION OF THE BASE FEE. The Base Fee for each fiscal quarter of the Fund is calculated by applying the following multiplying an Annual Percentage Rate Schedule (shown below) to the average of the month-end net assets of the BG H&W Portfolio during such fiscal quarter, and dividing the result by 4. --------------------------------------------------------------------- -------------------------------------------------------------------- ANNUAL PERCENTAGE RATE SCHEDULE --------------------------------------------------------------------- -------------------------------------------------------------------- AVERAGE MONTH-END ANNUAL PERCENTAGE NET ASSETS RATE --------------------------------------------------------------------- -------------------------------------------------------------------- On the first $1.5 billion 0.150% --------------------------------------------------------------------- -------------------------------------------------------------------- On the next $2.0 3.5 billion 0.125% --------------------------------------------------------------------- -------------------------------------------------------------------- On assets over $3.5 5.0 billion 0.100% -----------------------------------------------------------------------------------------------------------------------------------------
Appears in 1 contract
Samples: Investment Advisory Agreement (Vanguard Windsor Funds/)
