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Annual Management Charge (AMC)
Much like the OCF and TER, the AMC provides an indication of the annual costs involved in managing an investment. It is typically expressed as a percentage of the value of the investment. See also Ongoing Charges Figure (OCF).
Last updated:
9 December 2024 at 08:30:47
Disclaimer
This glossary definition has been deliberately kept as simple as possible to give a brief outline of the term to assist with general financial knowledge. It is not intended to give a detailed explanation. Please refer to our Legal Declarations.
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