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 >>

Practical Advice for Everyone on How to Save and Manage Money: No matter how old or young you are, there are some basic things you can do to better manage and protect your money. Here are recommendations from FDIC Consumer News. More...

Defeat is not the worst of failures. Not to have tried is the true failure. - George E. Woodberry

Advertising



Copyright 2009-2019 GVC. All rights reserved.