Common use of Basic Fee Clause in Contracts

Basic Fee. One-twelfth of the Basic Fee Rate shall be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. The resulting dollar amount comprises the Basic Fee.

Appears in 53 contracts

Sources: Management Contract (Fidelity Securities Fund), Management Contract (Fidelity Contrafund), Management Contract (Fidelity Investment Trust)

Basic Fee. One-twelfth of the Basic Fee Rate shall be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) document determined as of the close of business on each business day throughout the month. The resulting dollar amount comprises the Basic Fee.

Appears in 1 contract

Sources: Management Contract (Fidelity Investment Trust)

Basic Fee. One-–twelfth of the Basic Fee Rate shall be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's ’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. The resulting dollar amount comprises the Basic Fee.

Appears in 1 contract

Sources: Management Contract (Fidelity Securities Fund)