Expense waivers represent the amount the fund waives or assumes in order to keep the fund's actual expenses low. Waivers allow the fund to set a limit or cap on the amount of expenses charged to shareholders. You can use expense waivers with expenses in Eagle's mutual fund accounting solutions.
You can set up waivers for variable expenses and for variable group expenses. The system allows you to set up simple waivers as well as more complex special waivers, such as assumption fees and waterfall waivers.
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