As part of Ready-4-Reform, SEI will provide a range of support and resources including: regular updates on proposed regulatory changes; pending legislation and its probable business implications; webcast seminars; support to answer specific advisor questions; resources to assist in Form ADV Part II revisions; analysis tools to analyze existing 12b-1 fund
business; and, investor-ready communications.
Lori Walsh's detailed study found that "12b-1 funds
do experience higher annual net inflows than comparable non-12b-1 funds
," but that, nevertheless, 12b-1 is not a cost-effective source of marketing payments for shareholders since "it would take decades of sustained growth at typical 12b-1 fund
growth rates for a fund to be able to achieve sufficient scale economies to offset 12b-1 fees.