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 dishadisha7

link 13.03.2011 9:11 
Subject: trailing fees
15. Special Fees and Commissions
The customer takes notice that the Bank from time to time, according to market practice, may receive from third parties various fees and commissions, so-called retrocessions, trailing fees, kickback fees etc, reflecting a percentage of the respective assets of the customer with the Bank and related to the Bank's business activities (in particular related to investment funds, structured products,

 tumanov

link 13.03.2011 9:12 
Бедный кустомер...

 dishadisha7

link 13.03.2011 9:13 
Сорри, не поняла

 tumanov

link 13.03.2011 9:32 
Я тоже не совсем понял.
В сообщении размещен кусок текста.
Догадайся, мол, сама.

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Если же вдруг там вначале был какой-то вопрос, что злокозненный сайт отрезал, то в гугле есть такое кодовое слово DEFINE.

Trailing Commission
A commission that the salesperson of a mutual fund receives each year an investor remains a shareholder. That is, the salesperson receives the first trailing commission when the investor first buys shares in the fund, and a new trailing fee each year thereafter. Critics of this practice point out that it can create a moral hazard that the salesperson will aggressively sell a fund because of his own financial incentive, rather than because he believes it to be a good investment for the potential shareholder. Not all mutual funds pay their sales staff trailing commissions. A trailing commission is also calling a trailer fee. See also: Load.

Farlex Financial Dictionary. © 2009 Farlex, Inc. All Rights Reserved

 tumanov

link 13.03.2011 9:36 
Trailing Commission/Fee:

Apart from the Contribution Fee, the fund manager will also, on a monthly basis, charge you a percentage of the total investment you have with the fund manager to cover their costs. The fund manager also typically pays some of this fee onto the adviser as a trailing commission.

Again, All My Funds will either request that the fund manager rebates all the trailing commission to your super fund, or if they insist on paying it, All My Funds will rebate them annually to you via cheque less a $25 administration fee.

MM
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All the above is subject to Looking-in-a-dictionary-instead-of-you-fee payable to S Tumanov (Mr.) on a regular basis to be agreed.

 

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