One-time fee paid to the manager when investors redeem from the fund, calculated as redemption amount, NAV or NAV per share, multiplied by redemption fee rate. This fee is mostly seen in open-ended funds. If the amount is paid to the fund, then it is not included in TGER.
SDDS Wiring-Guide
Redemption fees
Topic: Management Fees and Expense Metrics during the Reporting Period (according to INREV Guidelines) |
Field Level: Vehicle |
Label: mfem_redemption_fees |
Indicator ID: 11.13
Industry Mapping:
Definition:
Additional Guidance:
| Data Type | Double |
| Values | ≥ 0 |
| Example | 7,743.000 |
| Reference Field | - |
| INREV Guideline ID | FEM14 |
| INREV Index reference | - |
| External reference | - |
| GDD reference | D0614 |