12b-1 funds

A Type of mutual Fund that charges 12b-1 fees instead of Commission. The fees, charged every year, Cover promotional and distribution costs and can be significant.

Related Terms: 7 Charge, Commission, Cover, Fund, FICA, Mutual fund, Type

Other Related Pages: Category: Mutual_Funds Starting With: 1

Additional Related Terms: 12b-1 funds, Accelerated Cost Recovery System, Acquisition cost, Accrual of discount, Amortization of premium, At par, At best, At call, At risk, Add-on service