Ads
related to: mutual fund fees and feesinteractivebrokers.com has been visited by 10K+ users in the past month
nerdwallet.com has been visited by 100K+ users in the past month
Search results
Results From The WOW.Com Content Network
Mutual fund fees are computed by multiplying the sales charge by your invested assets. For sales charges, the computation is (sales charge percentage x assets invested). For example, if you invest ...
Management fee: The management fee pays for the fund’s managers and investment advisor. 12b-1 fees : These pesky fees cover the costs of marketing and selling the fund.
One notable component of the expense ratio of U.S. funds is the "12b-1 fee", which represents expenses used for advertising and promotion of the fund. 12b-1 fees are paid by the fund out of mutual fund assets and are generally limited to a maximum of 1.00% per year (.75% distribution and .25% shareholder servicing) under FINRA Rules.
The introduction of exchange traded funds, which have very low fees, has put downward pressure on mutual fund fees, and many funds have fees under 1%.
Mutual funds are regulated by governmental bodies and are required to publish information including performance, comparisons of performance to benchmarks, fees charged, and securities held. A single mutual fund may have several share classes, for which larger investors pay lower fees.
It is impossible to speak about "mutual fund fees and expenses" without reference to a specific country's laws. The very calculation and reporting of each different type of fee, and even the enumeration of what types of fees should be reported, are all based on sovereign laws. Fees that would be considered "expenses" in one jurisdiction might be considered "management fees" in a different ...
Ads
related to: mutual fund fees and feesinteractivebrokers.com has been visited by 10K+ users in the past month
nerdwallet.com has been visited by 100K+ users in the past month