Transfer Agency Fee Schedule Clause Samples
The Transfer Agency Fee Schedule clause defines the fees and charges that a transfer agent is entitled to receive for providing its services. Typically, this clause outlines the specific types of services covered, such as processing transactions, maintaining shareholder records, and handling communications, and assigns a corresponding fee or rate for each service. By clearly detailing the costs associated with transfer agency functions, this clause ensures transparency and helps both parties understand their financial obligations, thereby preventing disputes over payment and service expectations.
Transfer Agency Fee Schedule. The Parties agree to amend Exhibit E, Transfer Agency Fee Schedule, of the Agreement to add the following one-time fee reduction effective December 31, 2018 for 2019 billable fees pursuant to the fee schedule:
Transfer Agency Fee Schedule. The prices contained herein are effective for twelve months from the execution date of the Mutual Fund Services Agreement. • New fund establishment; manual conversion - $1,500 per portfolio. • Electronic conversion - $1.50 per shareholder account with $4,000 minimum fee per trust.
Transfer Agency Fee Schedule. Account Maintenance and Processing Fees:
Transfer Agency Fee Schedule. The prices contained herein are effective for twelve months from the execution date of the Mutual Fund Services Agreement. The base fee stated below takes under consideration that Unified will not be providing Shareholder Services (answering the Fund’s 800 number) for the Funds. I New Fund Start-Up/Existing Fund Conversion Fee - New fund establishment; manual conversion - Electronic conversion - $1,500 or less per portfolio. - $1.50 per shareholder account with $4,000 minimum fee per trust. The Base Fee1 is $18.00 for money market funds and $15.00 for equity/bond funds per active Shareholder Account with an annual minimum fee2 per initial portfolio and/or share class plus an additional minimum per year for each additional share class2. An Active Shareholder Account is any Shareholder Account existing on Transfer Agent's computerized files with a non-zero Share balance. In addition to the base fee there is a $.50 per account charge for any account with a zero share balance for the current month, as determined on the last day of each month. The base fee will be billed on a monthly basis. 1The Base Fee does not include: forms design and printing, statement production, envelope design and printing, postage and handling, shipping, statement microfiche copies and 800 number access to Unified’s shareholder services group. 2 Minimum Fee (Without Unified providing Shareholder Services): Months 1-12 $7,500 ($833.33 per month), plus $5,000 ($416.67 per month) per each additional share class Months 13-24 $10,000 ($1,000.00 per month), plus $7,500 ($625.00 per month) per each additional share class Thereafter $12,500 ($1,250.00 per month), plus $9,000 ($750.00 per month) per each additional share class Unified will provide lost account search services in connection of SEC Rules 17Ad-17 and 17a-24 at a cost of $2.50 per account searched. These “Electronic Data Search Services” will be performed on a semi-annual basis. This service will apply to only Active Shareholder Accounts maintained on the transfer agency system coded as RPO accounts. In addition to the above fees, there will be a $200.00 per day minimum fee/rerun charge when the nightly processing has to be repeated due to incorrect NAV or dividend information received from the Portfolio Pricing Agent due to incorrect or untimely information provided by an Advisor or its Agent. - Open new accounts - Maintain Shareholder accounts, including: - Maintain certificate records - Change addresses - Prepare daily re...