Trading Glossary 12b-1 Funds type 12b-1 fees cover

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12/09/2011: Plus 41% in six months

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Trading Glossary: 12b-1 funds

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Term:

12b-1 funds

Definition:

A Type of mutual fund that charges 12B-1 fees instead of commissions. The fees, charged every year, Cover promotional and Distribution costs and can be significant.

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02/09/2012 - SV1n