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The fund has an annual management charge of 0.25% and a fixed expense of 0.15% for all investors which was previously 1% for retail investors and 0.6% for institutional investors.
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On balance, firms that derive less than 10% of its sales through Wal-Mart averaged 39.1% in gross margin, or the percentage of profit realized before items like fixed costs and interest expense are considered.
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Consider your life insurance a fixed and non-negotiable expense in the same way you would your mortgage or car payment.
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This shall contribute to a rise in Equity and Fixed Income Markets at the expense of decline in the proportion of Bank Credit in the total Debt Markets in the economies.
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These hedges effectively convert these variable rate bank loans into fixed rate loans, better matching the interest expense from the loans to the income from the landfill gas projects they finance.
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Bluntly put, the expense-adjusted performance advantage of switching to cash or fixed income is questionable.
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The fees are fixed by large insurers and Medicare, and all too often those fees no longer cover the expense of providing the service.
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Beyond that, the expenses involved with FLAT are higher than most fixed-income ETFs and ETNs. iPath U.S. Treasury Flattener has an annual expense ratio of 0.75% and also dings investors with a one-cent hit to NAV when it rolls the contracts it tracks.
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