   
|
|
|
|
|
|
| |
12B-1 fees are fees charged by mutual fund companies to mutual fund investors for various non-sales expenses of the funds. 12B-1 fees cover shareholder services, promotions, advertising, and any activity associated with the marketing and distributing of the fund's shares. 12B-1 fees are named for the Securities and Exchange Commission rule that authorizes mutual funds to charge them. The SEC does not impose a legal limit on 12B-1 fees. However, the National Association of Securities Dealers requires that 12B-1 fees used for marketing and distribution not exceed 0.75 percent of a fund's average net assets each year. 12B-1 fees can be imposed only if a mutual fund has first adopted a plan (called a 12B-1 plan) to authorize their collection.
Rate this 12B-1 Fees definition...
|
|
|
|
 |
Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day. |
|
Popular Terms: FICO score, 1031 exchange, dividends payable, minority interest, Key Rate Duration, ex-dividend, annual return, diluted share, inflation, phantom income, command economy, 1035 exchange, class C shares, 144a, wholly-owned subsidiary, APR, liquidity ratio, margin rate, open position, quality assurance, in escrow, ex-dividend date, reverse mortgage, labor relations, cancelled check, real GDP, deferred revenue, per diem, debt service coverage, stock market close, option premium, EBITDA, LIBOR, implied volatility, retained earnings, Zero Cost Collar, irrevocable trust, covered put, risk management, current ratio, 401a, stock split, required rate of return, VIX, FTSE, deferred tax, balance sheet, limit order, average price per share
|
|
| |
