12B-1 Fund — A type of mutual fund that charges its holders 12B 1 fees instead of up front or back end commissions. 12B 1 funds take a portion of assets held and use them to pay expense fees and distribution costs. These costs are included in the fund s… … Investment dictionary
12B-1 Plan — A no load mutual fund that is allowed to use fund assets to pay for its distribution costs. The 12B 1 plan mutual fund is an alternative to paying the sales fees encountered in loaded funds. By charging an annual percentage based on the … Investment dictionary
12b-1 fee — A type of fee charged to investors in some mutual funds. In theory, the fee is supposed to reimburse the sponsor for sales, distribution, or shareholder liaison expenses. In reality, however, it is another type of administrative or management fee … Financial and business terms
Annual fund operating expenses — For investment companies, the management fee and other expenses, including the expenses for maintaining shareholder records, providing shareholders with financial statements, and providing custodial and accounting services. For 12b 1 funds,… … Financial and business terms
annual fund operating expenses — For investment companies, the management fee and other expenses, including the expenses for maintaining shareholder records, providing shareholders with financial statements, and providing custodial ( custodian) and accounting services. For 12b 1 … Financial and business terms
Mutual fund — This article is about mutual funds in the United States. For other forms of mutual investment, see Collective investment scheme. A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors… … Wikipedia
Mutual fund fees and expenses — are charges that may be incurred by investors who hold mutual funds. Running a mutual fund involves costs, including shareholder transaction costs, investment advisory fees, and marketing and distribution expenses. Funds pass along these costs to … Wikipedia
Expense Ratio — Total Annual Fund Operating Expenses ( Expense Ratio ) the line of the fee table in the prospectus that represents the total of all of a fund s annual fund operating expenses, expressed as a percentage of the fund s average net assets. Looking at … Wikipedia
National Association of Personal Financial Advisors — (or NAPFA) is an American financial planning trade organization created in 1983 to expand the use of Fee Only financial advisors by individual consumers. NAPFA established the first set of professional standards for Fee Only financial advisors… … Wikipedia
Level Load — An annual charge deducted from an investor s mutual fund assets to pay for distribution and marketing costs for as long as the investor holds the fund. For the most part, this fee is paid to intermediaries for selling a fund s shares to the… … Investment dictionary
