Common use of Admin Clause in Contracts

Admin. Average Daily Net Assets Fee of the Fund .15% on the first $250 million .125% on the next $250 million .100% on the next $250 million .075% on assets in excess of $750 million However, in no event shall the administrative fee received during any year of this Agreement be less than, or be paid at a rate less than would aggregate $75,000, per portfolio.

Appears in 3 contracts

Sources: Administrative Services Agreement (WCT Funds), Administrative Services Agreement (WCT Funds), Administrative Services Agreement (WCT Funds)