One-time fee paid to the manager when investors redeem from the fund, calculated as redemption amount, NAV or NAV per share, multiplied by redemption fee rate. This fee is mostly seen in open-ended funds. If the amount is paid to the fund, then it is not included in TGER.
Global Definitions Database
Source: Global | Date: 20 March 2020 | ID: D0614 | Version: 2