The president can then appoint other ministers to the government by the nomination of the Taoiseach. The president is the commander of the Defence Forces. The President of Ireland since 2012 is Michael D. Higgins, who was elected in October 2011. Italian presidency
The investment advisory fee or management fee is the money necessary to pay the manager(s) of the mutual fund. On average, this fee is about 0.50% to 1.0% annually of the fund's assets, and is necessary to make sure that the manager of the fund can be very well-dressed at all times and is able to go on good vacations.
Simply put, the expense ratio is theper unit cost incurred in managing the fund. The net asset value (NAV) which you see daily is calculated after deducting these expenses. However, the expense ratio of a fund is disclosed only once every six months. The expense ratios of equity and debt funds differ.