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Cost.Is there a cost for opening or maintaining an account? Is there a cost for opening or maintaining an account? A program management fee is applied. The program management fee is at an annual rate of 0.60% of the average daily net assets of each Portfolio. Each Portfolio will also indirectly bear its pro rata share of the fees and expenses of the underlying investment funds. Although these expenses and fees are not charged to Plan Accounts, they will reduce the investment returns realized by each Portfolio. The estimated total average expense, including the Program Management fee, is 0.88%. For additional details review the Enrollment Handbook and visit the Investment section of the web site. |
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