The Trustee of MEPT charges an annual investment management fee based on the net assets of the Fund. The fee decreases as MEPT grows.
The fee is determined as follows: 1.25% on the first $1 billion of MEPT total net assets, 1.0% on the second $1 billion of MEPT total net assets, and 0.75% on MEPT total net assets above $2 billion. Cash balances in excess of 7.5% of Property Trust net assets are excluded from the above fee calculation and will be subject to an annual fee of 0.15%.
There are no charges for entry or exit, and the Trustee charges no additional investment management fees to its investors.