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Carnivool

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Carnivool

Re: DeltaWarrior post# 29486

Tuesday, 07/09/2019 10:46:41 AM

Tuesday, July 09, 2019 10:46:41 AM

Post# of 47899
The ETF will pay LFAP 0.75% managed funds (or assets under management), that’s the typical “management fee” and there’s also a potential % for expense ratio...

So one $1B AUM, LFAP would be paid a “management fee” of $7.5m per annum... MAXIM would likely share in that amount too...

and then 0.25% is typically allocated to shareholder servicing
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