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12B-1 Funds
* 1.Mutual funds that do not charge an upfront 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) English Related Words* 12b-1 fees * a drive for funds * allocation of funds * appropriate funds * appropriation of funds * automatic funds transfer * available funds * bolt funds * capital program funds * clearing house funds * cost of borrowed funds * cost of funds * dedicated funds * donor funds * electronic funds transfer |
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