The phrase "gross of fees" is correct and can be used in written English.
It is typically used in finance or business contexts to indicate a value before the subtraction of fees or expenses. Example: The company reported revenues of $10 million gross of fees, but after deducting expenses, the net income was only $8 million.
Gross of fees, the annual return to investors over the period from 1995 to 2009 was 11.42 per cent.
The fact that the funds were reporting their returns with the fees included shouldn't fill the city's public pension holders with confidence that the tendering and monitoring process was very sharp, either — $2.063 billion, gross of fees, is an inflated way of presenting the actual gains of forty million dollars, net of fees.
David Tepper's Appaloosa Management saw his $16 billion fund gain 34% gross of fees in 2010, adding $1.5 billion to his personal net worth, now estimated to be $5 billion.
Some firms probably feel as though the largest part of their performance presentations are the GIPS required disclosures, as firms have to disclose many items, including a definition of the firm, whether performance is net of fees or gross of fees, and what additional information must be disclosed upon request.
Total annual Pax High Yield Bond Fund operating expenses, gross of any fee waivers or reimbursements, for Individual Investor Class, Class A, Institutional Class and Class R shares are.96%, 0.96%, 0.71% and 1.21%, respectively, as of 4/1/2016 prospectus.
First, we find little evidence of future performance difference (gross or net of fees) associated to any particular compensation arrangement (including performance-based pay) after controlling for a comprehensive list of advisor, fund, and portfolio manager variables used in the determinant analysis.
They charge a flat 20% of gross fees generated if you choose to charge for listings, otherwise the product is free.
At 30percentt of gross revenues, agent fees were Good's largest documented expense of the year.
For its efforts, E&Y received gross fees of about $123 million---the amount it's now forking over to the government.
For the Ithaca campus, because there's a very large number of students, gross tuition and fees is 41% of the university's revenue sources.
The right hand panel of Figure 1 shows the relationship between log labor income and log abnormal returns, where abnormal returns are defined as the gross (before fees) return in excess of the benchmark as stated in the fund's prospectus.
