PEOPLE OVERVIEW. The 2016 Redwood City, California, population is 85,288. There are 4,385 people per square mile (population density).
In addition to paying the portfolio manager's salary, the management fee covers the cost of the investment manager's staff, research, technical equipment, computers, and travel expenses to send analysts to meet corporate management. While fees vary, the average equity mutual fund management fee is about 1.40%.
By Investopedia AAA |. A: The asset management fee is a straightforward fee charged on a trust fund. It is expressed as a fixed percentage of the total assets being managed. The rate differs from fund to fund and is inclusive of other small costs incurred when managing the trust fund.f the trust fund is invested in mutual funds, you are charged the fund annual expense ratio. This fee covers the fixed and ongoing expenses. Such expenses include the fund's manager salaries, printing costs, the cost of marketing materials and the cost of hiring customer service representatives.