WebAug 12, 2024 · 2 Answers. Sorted by: 1. Most (nonETF) mutual funds deduct their fee daily. You don’t see the deduction since it is hidden in the daily NAV announced by the fund; without the deduction, the NAV would be a tad larger. Note: if the fee is 0.365% per annum, 0.001% is deducted daily. Share. Improve this answer. Follow. WebJan 1, 2012 · Mutual funds have to pay accountants, traders, HR, admins, legal, etc, on top of the investment team. Lets conservatively say analysts and PM's take home 70% of overall comp... This leaves $4.2mm in fees do support the investment side of a $1bn mutual fund.
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WebFeb 23, 2024 · Depending on a hedge fund manager's qualification and years of experience, their salaries may vary. The average base salary of a hedge fund manager is $6,721 per month. A fund accountant may earn $4,446 per month, while a private equity associate can make $9,083 per month. Related: How Much Does a Portfolio Manager Make? Salary and … WebNov 5, 2024 · The major responsibility of a fund manager is the management of the fund. A manager can decide the securities to buy or sell, requiring hours of researching into … WebOct 3, 2024 · How are hedge fund managers so rich? Hedge fund managers become rich by making money on the profits of their assets. They charge a 2% performance fee and cut the generated gains, which amounts to about 20%. Due to the above, they only allow wealthy and affluent individuals to invest in hedge funds. czech firearm proof marks