What are the different types of investment fees?
An example of an AI chatbot conversation about types of investment fees.
What are the different types of investment fees I should be aware of?
There are several types of investment fees, including management fees, performance fees, and trading commissions.
Can you explain what management fees are?
Management fees are charges paid to investment managers for their services in managing your investment portfolio.
What about performance fees? How do they work?
Performance fees are charged based on the investment returns generated by the fund, typically a percentage of profits.
Are there any hidden fees I should look out for?
Yes, some funds may have hidden fees like redemption fees or 12b-1 fees, which can affect your overall returns.
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