Management Fee: A Management Fee is a periodic payment paid to an investment advisor for managing an investment fund or portfolio. The management fee compensates a portfolio's manager for their time and expertise in selecting the portfolio's underlying assets and managing those assets on a continuous basis. This fee is typically withdrawn from your account on a monthly basis for each Premium Portfolio you are currently dubbing.
Management Fees are taken as a percentage of the total of your assets under a specific manager's management. On dub, all Premium Portfolios have an associated Management Fee. When browsing portfolios, make sure to click on the Management Fee tile within the respective portfolio page to discover what the percentage fee is. The total amount of cash that you dub in this Premium Portfolio multiplied by the percentage will equal your estimated annual Management Fee, which will be withdrawn from your account on a monthly basis.*
*To Note: Only Premium Portfolios are managed by an investment advisor and are subject to Management Fees. Once you stop following/dubbing a Premium Portfolio, you will no longer incur its respective Management Fee.