noun
management fee; expense ratio
Finance term for the fee charged to manage an investment fund, often expressed as a percentage of assets.
この投資信託の運用管理費用は年率1.5%です。
The management fee for this investment trust is 1.5% per year.
信託報酬 is a more specific term for the total fee paid to the trust bank, which includes the management fee (運用管理費用) and other administrative costs.
Compound of 運用 (operation, management), 管理 (administration), and 費用 (expense).