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Management Expense
Management Expense
Management Expense
Management Expense
Management Expense

The following information is about Management Expense.

Management Expense Defined

is the management fee deducted from a fund's average net assets to pay an advisor or subadvisor. This fee is normally on a sliding scale. As the net assets of the fund increasethe percentage deducted for management fees decreases. A fund can also have a fixed rate or flat fee to compensate the advisor.

This definition is in context to Accounting. See more contextual defintions for Management Expense.


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Schnitzer Steel Reports First Quarter Results

Published January 8, 2009, 4:30 am, Business Wire via Yahoo! Finance

PORTLAND, Ore.----Schnitzer Steel Industries, Inc. today reported a net loss of $34 million, or $1.21 per diluted share, for the fiscal 2009 first quarter ended November 30, 2008. The pre-tax operating loss of $50 million included non-cash inventory write downs of $52 million for the quarter.

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MSC Industrial Direct Co., Inc. Reports Results for Its Fiscal 2009 First Quarter

Published January 8, 2009, 4:30 am, Business Wire via Yahoo! Finance

MELVILLE, N.Y.----MSC INDUSTRIAL DIRECT CO., INC. , “MSC” or the “Company,” one of the premier distributors of Metalworking and Maintenance, Repair and Operations supplies to industrial customers throughout the United States, today reported financial results for its fiscal 2009 first quarter ended November 29, 2008.

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RPM Reports Decline in Sales, Net Income for Fiscal 2009 Second Quarter

Published January 8, 2009, 4:30 am, PR Newswire via Yahoo! Finance

RPM International Inc. today reported lower sales and net income for its fiscal 2009 second quarter ended November 30, 2008.

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Helen of Troy Limited Reports Third Quarter and Nine Months Results

Published January 8, 2009, 4:30 am, PR Newswire via Yahoo! Finance

Helen of Troy Limited , designer, developer and worldwide marketer of brand-name personal care and household consumer products, today reported sales and net earnings for the third quarter ended November 30, 2008.

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Shaw Reports First Quarter Fiscal Year 2009 Financial Results

Published January 8, 2009, 4:00 am, Business Wire via Yahoo! Finance

BATON ROUGE, La.----The Shaw Group Inc. today reported net income of $62.8 million, or $0.75 per diluted share excluding the Westinghouse segment, which continues to reflect significant non-cash foreign exchange translation losses resulting from an appreciation of the Japanese yen against the U.S. dollar.

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Penford Reports First Quarter 2009 Financial Results

Published January 8, 2009, 4:00 am, Business Wire via Yahoo! Finance

CENTENNIAL, Colo.----Penford Corporation , a global leader in renewable, natural-based ingredient systems for industrial and food applications, today reported that consolidated sales for its first quarter of fiscal 2009, which ended on November 30, 2008, were $80.7 million compared to $94.9 million a year ago.

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The Jean Coutu Group-Third Quarter Results

Published January 8, 2009, 4:00 am, Marketwire via Yahoo! Finance

The Jean Coutu Group Inc. today reported its financial results for the third quarter and fiscal period ended November 29, 2008.

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Cash is king,' Ernst and Young tells businesses

Published January 8, 2009, 12:12 am, New Kerala

By Gurmukh Singh, Toronto, Jan 8 : `Cash is king' in the current global turmoil and needs to be managed well, says Ernst and Young in its 10 commandments for businesses to ease pain in the New Year.

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OMNOVA Solutions' Cost Reduction Actions Expected to Provide $19 Million in 2009 Cost Savings as Company Completes a ...

Published January 7, 2009, 4:15 pm, PR Newswire via Yahoo! Finance

In an ongoing effort to reduce costs and right-size its business, OMNOVA Solutions Inc. today announced that it had taken cost reduction actions which are expected to provide $19 million of year-over-year savings in 2009.

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Kinross Provides Outlook for 2009

Published January 7, 2009, 3:00 pm, Marketwire via Yahoo! Finance

Kinross Gold Corporation(NYSE: KGC) today provided its outlook for 2009 and an update on key developments.

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