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Vanguard Federal Money Market Fund (VMFXX) ... Expense ratio: 0.11 percent. Fund assets: $333.4 billion. Minimum initial investment: ... Other fees: Be sure to pay attention to any additional fees ...
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One notable component of the expense ratio of U.S. funds is the "12b-1 fee", which represents expenses used for advertising and promotion of the fund. 12b-1 fees are paid by the fund out of mutual fund assets and are generally limited to a maximum of 1.00% per year (.75% distribution and .25% shareholder servicing) under FINRA Rules. [7]
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The English plural of curriculum vitae is however almost always curricula vitae as in Latin, and this is the only form recorded in the Merriam-Webster, American Heritage, and Oxford English dictionaries, for example [1] [2] [3] (the very rare claim that the Latin plural should be curricula vitarum is in fact an incorrect hypercorrection based ...
Management fees typically range from 1% to 4% per annum, with 2% being the standard figure. [citation needed] Therefore, if a fund has $1 billion of assets at year-end and charges a 2% management fee, the management fee will be $20 million. Management fees are usually expressed as an annual percentage but both calculated and paid monthly (or ...
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