Management Fee

{
  "id": "MLC-T-FIN-000234",
  "term": "Management Fee",
  "field": "Finance and investing",
  "definition": "A fee paid out of fund assets to the fund's investment adviser (or its affiliates) for managing the fund’s investment portfolio. Management fees may also include administrative fees payable to the investment adviser that are not included in the Other Expenses category of the fund’s prospectus fee table. Management fees appear under Annual Fund Operating Expenses in the prospectus fee table.",
  "references": [
    "SEC Investor.gov Glossary"
  ],
  "url": "https://mlchart.com/terminology/finance/management-fee/"
}