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The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, September 20, 2013 TFS Cuts Fees For Three Funds Effective January 1, the board of trustees of TFS Capital Investment Trust [profile] approved the discontinuance of the redemption fee for three funds: the TFS Market Neutral Fund, the TFS Small Cap Fund, and the TFS Hedged Futures Fund. The trustees also approved the following reductions to the funds' investment advisory fees and contractual annual fund operating expense limitations, effective January 1, 2014. TFS Market Neutral Fund Current management fee: 225 basis points Management fees effective January 1: 165 bps Current contractual fee limitation: 250 bps Contractual fee limitation effective January 1: 190 bps TFS Small Cap Fund Current management fees: 125 bps Management fees effective: January 1, 115 bps Current contractual fee limitation: 175 bps Contractual fee limitation effective 150 bps TFS Market Neutral Fund Current management fees: 200 bps Management fees effective January 1: 150 bps Current contractual fee limitation: 230 bps Contractual fee limitation effective 180 bps [SEC Filing] Printed from: MFWire.com/story.asp?s=46154 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |