By Alison Doyle. Definition: Commission is a sum of money that is paid to an employee upon completion of a task, usually selling a certain amount of goods or services.Commission may be paid as percentage of the sale or as a flat dollar amount based on sales volume.Employers often use sales commissions as incentives to increase worker productivity.ommission may be paid as percentage of the sale or as a flat dollar amount based on sales volume. Employers often use sales commissions as incentives to increase worker productivity.
Bill Gross is a Portfolio Manager responsible for managing the Janus Global Unconstrained Bond Fund, and all related portfolios, and leading efforts to build out Janus' global macro fixed income capabilities.
What makes up the gross expense ratio: 1  Management fee: â Sometimes called an advisory fee, generally makes up around 0.50% to 1.00% of the fundâs total assets. 2  This is what pays for your fund managers personal art collection and corporate jet.ow It Works. Itâs important to understand that the gross expense ratio is an annual fee for managing the fund and is completely separate from the sales fee, which is only paid upon the purchase of the fund. On average the gross expense ratio for an actively managed mutual fund is around 1.5%.