Mutual Funds
In a mutual fund, the management fee will include any fees payable to the fund's investment adviser or its affiliates, and administrative fees payable to the investment adviser that are not included in the "Other Expenses" category.
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Famous quotes containing the word mutual:
“What men call friendship is no more than a partnership, a mutual care of interests, an exchange of favors—in a word, it is a sort of traffic, in which self-love ever proposes to be the gainer.”
—François, Duc De La Rochefoucauld (1613–1680)