(3) Back-End Load
. Also referred to as a "contingent deferred sales charge (CDSC)," a "back-end" load is the commission charged for redeeming mutual fund shares.
B shares have back-end loads
or contingent deferred sales charges (CDSC).
It is also worth mentioning that the management's decision of not putting a back-end load
was also made in the best interest of the investors.
As part of the merger process, fund managers are required to disclose details of assets and liabilities of fund along with a statement of material facts encompassing investment policy, provisioning policy, any restrictions on unit holders, post merger management fee, applicable front-end and back-end load
and treatment of un-amortized cost.
Yes, you may have caught on that fund fees now average 1.5% of your invested savings, and perhaps you've even grasped the difference between a front-end and back-end load
down cold (see "Nothing Comes Free," Moneywise, May 1998).
Today, an investor who buys a load fund has to decide among front-end load funds, back-end load
funds, funds with 12b-1 fees, funds with 12b-1 fees and declining redemption fees and so forth.
: The final charges of commission and expenses made by an investment trust or insurance policy when the investor is paid out.
Given the elements listed above, the revenue profile will be back-end loaded
. Future revenues will benefit from the entry into service of Eutelsat Quantum, KONNECT and KONNECT VHTS, with an improving trend in the outer years.
With QuickLogic's 2019 revenue now more back-end loaded
than previously expected, Desilva sees reduced near-term visibility.
Osha said his numbers show that more Model 3s were registered in April and May than during all of the first quarter, "and it is important to note that Tesla's quarterly vehicle deliveries are typically back-end loaded
. Demand for the Model 3 continues to be solid."
Within these fees can be 12b-1 fees--charged annually for a fund’s marketing and distribution costs--plus front- and back-end loads
* use of back-end loads
(surrender charges) that phase out over time rather than the front-end loads typical of other types of policies;