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Investing Glossary:
12B-1 fees
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| The percent of a mutual fund`s Assets used to defray Marketing and Distribution expenses. The amount of the fee is stated in the fund`s Prospectus. The SEC has recently proposed that 12B-1 fees in excess of 0.25% be Classed as a Load. A true no Load fund has neither a Sales charge nor a 12b-1 fee.
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