Management Fee

[glam-mod]

In the context of GLAM, the management fee could be structured as either a fixed fee or a relative fee. A fixed fee implies a set amount charged periodically regardless of the size of the assets under management. In contrast, a relative fee is calculated as a percentage of the total assets managed, varying as the asset value changes.

The frequency and method of accrual and deduction of the management fee are determined by the manager of the product. This allows the manager to align the fee structure with the operational needs and investment strategies of the product. The details of how and when the fee is applied are specified in the product's documentation, ensuring transparency for all participants.