investment management

All mutual funds charge an investment management fee. It doesn't matter if you buy from, you will pay a management fee. It doesn't what sort of fund it is, you will still pay an investment management fee. These fees are usually given as a percentage of the funds total assets.

Management fees for load funds may vary according to which option you choose. You should get the salesperson to calculate how much your original investment would be worth, over varying time frames, assuming a 10% annual rate of return.

Management Expense Ratio
If you want a more accurate measure of the up front cost to the investor, check out the investment management expense ratio. It is quite simply the total of all other expenses charged to the fund, plus the management fee. This is then given as a percentage of the funds total assets.

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