Sorry, no definitions found.
“Under the proposal, the term "12b-1 fees" would be phased out.”
“And the losers are: 1. The Securities and Exchange Commission, for doing nothing at full force This was supposed to be the year when the SEC capped marketing fees - known as 12b-1 fees - charged to fund investors.”
“Most ETFs, including the Pimco Total Return fund, don't levy 12b-1 fees, which helps keep their expenses low.”
“Named after the 1980 Securities and Exchange Commission rule that created them, 12b-1 fees allow mutual funds to charge their investors for sales and marketing costs.”
“But the popularity of ETFs is threatening to kill off what was long a linchpin of mutual funds: 12b-1 fees.”
“Critics say 12b-1 fees are sales commissions in disguise.”
“In part because of the lack of 12b-1 fees, ETFs have tended to be investments that are "bought" rather than "sold.”
“But for fund companies still addicted to using 12b-1 money to entice advisers to sell their funds, launching an ETF would mean going cold turkey.”
“To some degree, 12b-1 fees have dwindled in importance as the brokerage world has shifted toward flat-fee accounts and away from commissions.”
“Comments are due by Nov. 5 on the Securities and Exchange Commission proposal to overhaul mutual funds '"12b-1" fees for distribution and service.”
‘12b-1’ hasn't been added to any lists yet.
Looking for tweets for 12b-1.