12B-1 Fees
What is it? The percent of a mutual funds assets used to defray marketing and distribution expenses. The amount of the fee is stated in the funds prospectus. The SEC has recently proposed that 12B-1 fees in excess of 0.25% be classed as a load. A true no load fundAdded By: Samantha
The 12B-1 Fees definition has been viewed 103 Time(s)!
Send To Friends!
If you'd like to send the 12B-1 Fees definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of 12B-1 Fees. If you need any more information on this term, please don't hesitate to contact us.