12B-1 Fund

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12B-1 Fund

A mutual fund that charges shareholders a small percentage of the fund's market value, instead of a load (or sales fee). That is, a 12B-1 Plan does not require shareholders to pay a fee when buying or selling shares; rather, they simply deduct what is owed to the shareholder once per year. Usually a 12B-1 plan charges less than 1%.
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The financial industry's first two-factor authentication security program for retail investors * The E*TRADE Complete Investment Account with Intelligent Cash Optimizer(1) * The E*TRADE(R) Mileage Maximizer Account credit card balance transfer solution * The 12b-1 mutual fund rebate program(2) * The 2-Second Execution Guarantee(3) * The lowest cost ratio Index Funds in the industry(4)
A former managing director at Citigroup, highlights of his career include the creation and marketing of securitizations backed by 12b-1 mutual fund fees.
E*TRADE FINANCIAL's investing, optimized cash management and lending solutions are particularly attractive to its Serious Investor and Main Street Investor customer segments because the Company has shown its commitment to advocating for the individual investor in ways other financial services providers do not, including: the 12b-1 mutual fund fee rebate program, with nearly $2 million in rebates paid to customers in 2004(5); the lowest cost S&P 500, Russell 2000 and International index fund expense ratios in the industry(6), and no fee, no minimum IRAs(7).
The six remaining asset classes that experienced downgrades during the second quarter include 12b-1 mutual fund fees (26 downgrades), franchise loans (9), manufactured housing (5), credit cards (12), new assets (2), and RVs (1).
The ETF Center is another example of E*TRADE Securities' commitment to providing innovative, low-cost trading solutions for its customers, following on the heels of the 12b-1 Mutual Fund Fee Rebate Program and the recent lowering of proprietary stock index fund expense ratios.
The term 12b-1 mutual fund fee securitizations applies to
Customers who invest in mutual funds through E*TRADE Securities are eligible to take advantage of the first and only 12b-1 Mutual Fund Fee Rebate Program(5) -- a program that rebates 50 percent of the fees paid to brokerages by many mutual funds to cover promotion, marketing and distribution expenses.
Consumers who invest through E*TRADE Securities are eligible to take advantage of the first and only 12b-1 Mutual Fund Fee Rebate Program -- a program that rebates 50% of the fees paid to brokerages by many mutual funds, including no-load funds, to cover promotion, marketing and distribution expenses.