asset-based fee
Noun
A fee that is taken out of a mutual fund’s assets to pay for the marketing and distribution of its shares, which include Rule 12b-1 fees.
asset-based fee
Noun
Socioeconomic & Ecological Development Insights
A fee that is taken out of a mutual fund’s assets to pay for the marketing and distribution of its shares, which include Rule 12b-1 fees.
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