Common use of Costs Charged to Unitholders Clause in Contracts

Costs Charged to Unitholders. The Management Company may charge a Subscription Fee as described in Annex A as a percentage of the Subscription Price. All or part of the Subscription Fee may, at the discretion of the Management Company, be retained by the Management Company, paid to the Depositary and/or the distributors. The Management Company may charge a Redemption Fee as described in Annex A as a percentage of the Redemption Price. All or part of the Redemption Fee may, at the discretion of the Management Company, be retained by the Management Company, paid to the Depositary and/or the distributors. The Management Company may charge a Conversion Fee as described in Annex A on the conversion of Units in an original Class into Units of a new Class, as a percentage of the Redemption Price of the Units in the original Class being converted. All or part of the Conversion Fee may, at the discretion of the Management Company, be retained by the Management Company, paid to the Depositary and/or the distributors.