LU7 0.00% 1.6¢ lithium universe limited

QUESTION about management funds and their fees, if you would all...

  1. 542 Posts.
    lightbulb Created with Sketch. 1
    QUESTION about management funds and their fees, if you would all share some knowledge please.


    MGG has a management and administration fee of %1.35. I am curious how that works, for example: if you invested $10,000; does that mean you would have to pay $135 out of pocket, or how does that payment work?

    Thanks experts.
 
watchlist Created with Sketch. Add LU7 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.