1% Growth Management Fee

A 1% Growth Management Fee is a charge that professional investment managers or financial advisors may apply based on the growth of your investment portfolio. It means that for the value your investments increase over a specified period, they will take a fee equal to 1% of that growth. This fee aligns the manager’s incentives with your investment performance, encouraging them to help your assets grow. It covers the costs of managing and overseeing your investments. Essentially, if your investments increase by a certain amount, 1% of that increase is paid as a fee for their services.