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Currency Strategies Fund lowers annual advisory fee to 1% from 1.47%
By Toni Weeks
San Diego, March 2 - The board of trustees of Northern Lights Fund Trust voted on Feb. 22 to lower the annual advisory fee for the Currency Strategies Fund, effective Friday.
According to a 497 filing with the Securities and Exchange Commission, the advisory fee will now be 1% of the fund's average net assets. Previously, it was 1.47%.
The fund's investment adviser is Osprey, Fla.-based Sarasota Capital Strategies, Inc.
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