What is a 12b-1 fee? Suppose you have a choice between a load fund with no annual
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What is a 12b-1 fee? Suppose you have a choice between a load fund with no annual 12b-1 fee and a no-load fund with an annual 12b-1 fee of 25 basis points. How would the length of your expected investment horizon, or holding period, influence your choice between these two funds?
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The 12b1 fee is allowed by the SEC to provide assistance in covering administrative ex...View the full answer
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Related Book For 
Financial Institutions Management A Risk Management Approach
ISBN: 978-1259717772
9th edition
Authors: Anthony Saunders, Marcia Millon Cornett
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