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IPO Alert: You'll Soon Be Able to Invest Alongside Billionaire Bill Ackman

The Motley Fool

We also know that the fund would charge a 2% annual management fee, which would be higher than most actively managed mutual funds and ETFs charge but is significantly less than the performance-based fee that hedge funds typically charge on top of their management fee. annualized).

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Tencent (TCEHY) Q4 2023 Earnings Call Transcript

The Motley Fool

In wealth management, we generate low take rate but high margin fee income from a large and growing pool of aggregated customer assets by offering customers high-quality products and superb convenience. The products are primarily low risk money market funds and, to a lesser extent, fixed-income mutual funds.