Annual Management Charge
A fee for managing your investment or pension fund.
An Annual Management Charge is a yearly charge / fee a person has to pay to someone usually for management of an investment or pension fund. This charge is based on the value of a person’s fund.
AMC
An Annual Management Charge is a yearly charge / fee a person has to pay to someone usually for management of an investment or pension fund. This charge is based on the value of a person’s fund.Practical Application Example
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I've had to pay £250 this year as part of my annual managemet charge for management of my investment fund ”