12b-1 fee
Noun
SEC
An annual asset-based distribution fee incurred by mutual funds and ETFs charged by US funds and capped by the SEC at 1% of fund asset.
12b-1 fee
Noun
SEC
Socioeconomic & Ecological Development Insights
An annual asset-based distribution fee incurred by mutual funds and ETFs charged by US funds and capped by the SEC at 1% of fund asset.
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