|
|
Trading Glossary:
12B-1 funds
- A -
| Term: |
|
|
Definition: |
|
Mutual funds that do not charge an up-front 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-1 (passed in 1980). |
|
Related Links:
-
Stock Market
The most frequently asked questions, classified into the following
categories: Products, charts, chart technical analysis, and
trading signals.
|
|
|
|