Derived from the Investment Company Act of 1940, this is an annual distribution or marketing fee that’s assessed on mutual funds. The fee amounts to anywhere from 0.25-0.75% of the net assets that make up a mutual fund.
Derived from the Investment Company Act of 1940, this is an annual distribution or marketing fee that’s assessed on mutual funds. The fee amounts to anywhere from 0.25-0.75% of the net assets that make up a mutual fund.