The amount paid by the fund directly to the management company for providing portfolio management, day-to-day and administrative services to a fund. The fee is calculated as a percentage of the average assets being managed annually.
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The amount paid by the fund directly to the management company for providing portfolio management, day-to-day and administrative services to a fund. The fee is calculated as a percentage of the average assets being managed annually.
Date on which the principal amount of a note, acceptance paper, bond, debenture or other debt instrument becomes due and payable.
The market that brings together buyers and sellers of debt instruments that have a term-to-maturity of less than one year. These include treasury bills, commercial paper, finance paper, bankers' acceptances, as well as government debt obligations maturing in three years or less.
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