A 12b-1 Fee is a promotional fee charged by a mutual fund, particularly no-load funds, aimed at covering the fund’s marketing and distribution expenses. This fee, typically about 1%, must be disclosed to investors.
An exit fee, also known as a back-end load, is a fee charged when an investor sells or withdraws from an investment, typically within a specific period.
A sales charge is a fee paid on purchasing an investment or product, typically associated with mutual funds, to compensate brokers or financial advisors for their service.
A sales load, also referred to as a sales charge, is a commission or fee paid to a broker or agent when an investor buys or sells shares in a mutual fund.
