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Bus/Financial - Finance (general) | | English term or phrase: fee-based assets | | Fee-based assets caused an increase in net revenues. |
| | | Finnish translation: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." |
| Selected response from:
  Jussi Rosti
Finland
Local time: 17:55
| Grading comment Many thanks for the reply and the links Jussi!
4 KudoZ points were awarded for this answer |
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The translation workplace 
