But the largest research universities will pay a front-end fee of $40,000 and $20,000 a year.
The choice might come to take a front-end fee or a back-end fee: front-end, "you walk away with an outrageous amount regardless of the film's success"; back-end, you take a cut of profits.
Still, Mr. Asner, who spoke by phone last week, said he ultimately received much more because the Walt Disney Company's Pixar unit, which produced "Up," augmented his small front-end fee with bonuses that came with the film's success: it took in more than $723 million in ticket sales around the world.
There's a front-end fee; it's nominally 5%, but there may be some flexibility, depending on the size of the investment.
Compare this with a mutual fund: In the U.S. the average management fee for an actively managed fund is 1.23%, and there's often a front-end fee, too.
UBS charges a front-end fee of 1%, and there are no maintenance charges on any of the funds it sells on-line.
Front-end fees for museums range between $600 and $10,000, and annual fees go from $500 to $5,000.
But less happy customers say that the front-end fees have sapped the earning power of their hard-earned investments and locked them into disappointing or inconsistently managed funds.
The figures, critics said, raise doubts about whether the high front-end fees actually accomplish what First Command says they will: instilling discipline and providing the personal attention that helps inexperienced investors stay the course.
An article in Business Day on Friday about a decision by First Command Financial Services, which caters to military officers, to stop selling contractual plans, a type of mutual fund with high front-end fees, misstated the size of Fidelity Destiny II, a fund it sold.
The prototypes, together with the front end electronics (FEE) and time digitizer (TDIG) module have been tested at the E3 line of Beijing Electron Positron Collider (BEPCII) to study the difference between the single and double-end readout MRPC designs.
