12B1 FUNDS
12b-1 funds: translation
Mutual funds that do not charge an upfront or back-end commission, but instead take out up to 1.25% of average daily fund assets each year to cover the costs of selling and marketing shares, an arrangement allowed by the SEC's Rule 12b-I (passed in 1980).The New York Times Financial Glossary
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mutual funds that do not charge an up-front or back-end commission, but instead take out up to 1.25% of average daily fund assets each year to cover the costs of selling and marketing shares, an arrangement allowed by the SEC's Rule 12B-1 (passed in 1980).Bloomberg Financial Dictionary
- 12b1 funds—Фонды действующие согласно Правилу BФонды взаимных инвестиций которые не взимают комиссионных ни за покупку ни за продажу своих ценных бумаг однако требуют ежегодной упла...Англо-русский экономический словарь