Assertion: management fee | /r/HasProperty | paid to the fund's investment adviser
Facets:
value: out of fund assets
type: OTHER
value: for investment portfolio management
type: PURPOSE
Source sentences:
text: Management fees are fees that are paid out of fund assets to the fund's investment adviser for investment portfolio management, any other management 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 (discussed below).