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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%. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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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). Business Editors NEW YORK--(BUSINESS WIRE)--March 31, 2000--Standard & Poor's will hold its monthly Structured Finance telephone conference call on Tuesday, April 11, 2000, 11:00 AM Eastern Time, to discuss 12b-1 mutual fund fee securitizations, with Sandra Harris, Lily Cheung, Erkan Erturk, and Soody Nelson. 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. |
12B-1 Mutual Fund |
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