22:28 Mar 29, 2009 |
English to Finnish translations [PRO] Bus/Financial - Finance (general) | |||||||
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| Selected response from: Jussi Rosti Finland Local time: 11:35 | ||||||
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4 | hallinnointipalkkiolliset omaisuuslajit |
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hallinnointipalkkiolliset omaisuuslajit Explanation: "The latest trend in mutual fund fees has major financial firms, advisers and financial planners offering their services to individuals with no sales commissions and, in some instances, with no annual 12b-1 fees. Instead these firms impose an annual asset-based fee, which can range from 0.5-2.0% of assets, depending upon the size of the portfolio to be managed. These fees are known as asset-based fees, portfolio management fees, advisory fees, etc. Regardless of the name that these asset-based fees go by, investors should realize that this type of fee is a separate fee for managing one's portfolio -- one that is in addition to the normal operating expenses of the mutual funds within the portfolio." Reference: http://www.rahoitustarkastus.fi/Fin/Saastajalle/Tuotteet_ja_... Reference: http://www.seninvest.com/article6.htm |
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