Brandi Kinsman

Victory Capital Management charges asset-based management fees that vary depending on the specific investment strategy, account type, and account size. Fees are typically structured as tiered schedules based on portfolio size, with lower percentage rates applied to larger amounts of assets. For institutional separate accounts across various franchises and asset classes, fees generally start between 0.15% and 1.00% annually for smaller tier balances and decrease for higher asset levels. Specific fee schedules apply to each investment franchise and strategy, such as domestic equity, international equity, fixed income, and quantitative strategies. Some accounts or pooled vehicles may be subject to performance-based fees or fulcrum fees in addition to or instead of standard asset-based fees. Clients should consult their specific investment management agreement, fund prospectus, or wrap program brochure for exact fee rates and billing terms applicable to their account.