Management Fee
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The Ministry Fund is committed to providing you with the highest possible professional services at the lowest cost. The fee is 80 basis points or .80% annually on the funds under management. For example, an account valued at $10,000 would pay a fee of $80 annually. The fee is deducted from a combination of both the principle balance and the accumulated income. The principle portion of the fee is prorated and deducted on a monthly basis. The balance of the fee is deducted on a quarterly basis from the accumulative income.