| Description |
| Fee Waiver Percent |
| Type : Percent |
| Definition |
| FeeWaiverPct defines the percentage of a fee which is waived based on FeeWaiverAmt and FeeWaiverBasedOn. For example, assume the fee percent is reduced when the account value reaches $100k (FeeWaiverAmt=100000 and FeeWaiverBasedOn tc=2 for Account Value). If the FeePct is 100 basis points (1.00%) and the FeeWaiverPct is 25 basis points (.25%), then the Fee is reduced by 25 basis points (.25%), or (1.00% - .25%) x 100 = 75 basis points, or .75%, when the account value equals or exceeds $100k. |
| Parents |
| Fee |