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12B-1 Funds

Eski 07-22-2012   #1
Prof. Dr. Sinsi
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12B-1 Funds




* 1Mutual funds that do not charge an upfront or back-end commission, but instead take out up to 125% 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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