THE RELATIONSHIP BETWEEN OPEN-END INVESTMENT COMPANIES AND THEIR INVESTMENT ADVISERS WITH SPECIAL EMPHASIS ON MANAGEMENT FEE RATES.
Abstract
This subject is investigated by concentrating on four primary areas of interest: (1) management and supervision of the investment company portfolio by the investment company adviser, (2) the relationship of investment company size to the management fee rate paid the investment adviser, (3) the relationship of investment company size to the operating expenses of the company (exclusive of management fee) and (4) the relationship of investment company performance to the management fee rate paid the investment adviser. Correlation analyses are performed to determine these relationships, utilizing data excerpted from current prospectuses and annual reports of representative samples of the companies now in existence. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1965
- Accession Number
- AD0475414
Entities
People
- Bennie L. Corley
Organizations
- Naval Postgraduate School