When setting up a fund's redemption fees or a custodian's transaction and redemption fees on the Fee Schedules page, Fee Schedule Type lets you specify the type of fee charged for each transaction.

The following options are available: 

• FLAT FEE.Charges a single dollar amount fee on each transaction. For example, a $5 per-transaction fee.

• PERCENTAGE FEE.Charges a fee based on a percentage of the total transaction. For example, a fee of 1% of the transaction amount.

• FLAT FEE AND PERCENTAGE FEE.Charges a flat fee as well as a percentage fee on each transaction. For example, a $5 fee and 1% of the transaction amount charged to each transaction.

For more information on each of the tabs on the Fee Schedules page, see the following: 

• Custodian Transaction Fee Schedules
• Custodian Redemption Fee Schedules
• Fund Redemption Fee Schedules
• Custodian Fee Schedules

For more information on the process of setting up fee schedules, see Introduction to Fee Schedules.