Also found in: Wikipedia.
MIMALMinnesota, Iowa, Missouri, Arkansas and Louisiana (mnemonic to aid geographical location)
References in periodicals archive ?
The Letter states that MIMAL agrees to a reduction of the annual Base Management Fee from 1.
The Board of MIIF and all Shareholders should be reminded that there is a performance fee arrangement already in place that would pay MIMAL 20% of any gains above an 8% annual hurdle rate.
We urge all Shareholders to pay close attention to the proposed amendments to the fee structure since we believe they give MIMAL an unnecessary share of your interest in this fund upon this fund's wind-up.