Transaction Based Administrative Fees

Transaction Based Administrative Fees

Complete the steps for configuring the Main Options, and then do the following:

1. Click the Transaction Based radio button.

Edit Administrative Fees Window (Transaction Based)

2. Select the checkbox(es) associated with the type of transactions you want to use to assess your fees.

3. (Optional) Select the Cumulative checkbox if you want to assess a different fee factor to each transaction number range (for example, $.20 for the first 25 transactions, $.15 for the next 25 transactions, and so on). Clear the checkbox if you want to assess a single fee depending on the highest number of transactions the Fund has reached.

4. In the # of Trans fields, enter the number of transactions that you want to associate with each fee level.

5. In the Rate field, enter the fee that you want to associate with the number of transactions.

Note: You can enter up to five levels of fee / rate combinations for each type of transaction that you select.

6. Click the Save button on the toolbar.

7. Configure any other codes, as desired. When you are completely finished, click the Close button.