With consideration given to impact of the Management Fee Reduction Program, the effective MER's on various account sizes for each of the Value Partners Pools as of December 31, 2021 are below:
A
VPI003
2.08%
1.93% - 2.08%
1.58%
1.53%
1.48%
F
VPI203
1.13%
1.06% - 1.13%
0.78%
0.73%
0.68%
Value Partners Investments offers a Management Fee Reduction Program to qualified investors as follows:
$250,000 - $500,000
0.30% on portion > $250,000
0.15% on portion > $250,000
$500,000 - $1 million
0.50% on full balance
0.35% on full balance
$1 million - $2.5 million
0.55% on full balance
0.40% on full balance
$2.5 million & above
0.60% on full balance
0.45% on full balance