Advertising

12b 1 funds

• Mutual funds that do not charge an upfront or back-end commission, but instead take out up to 1.25% of average daily fund assets each year to cover the costs of selling and marketing shares, an arrangement allowed by the SEC's Rule 12b-I (passed in 1980).

 
 

Follow this link for all the terms related to fundfunds.

 
 Embedded terms in definition
 Assets
Average
Commission
Cover
Mutual funds
Mutual fund
Out
Shares
Take out
Take
 
 Related Terms
 

<< 12b 1 fees 24/7 >>

Ways to Cope Financially During and After a Big Change: Here are suggestions for staying focused and avoiding costly decisions during changing times. More...

Nothing splendid has ever been achieved except by those who dared believe that something inside of them was superior to circumstance. Bruce Barton

Advertising



Copyright 2009-2017 GVC. All rights reserved.