| 12B-1 Plan | |
 A no-load mutual fund that is allowed to use fund assets to pay for distribution costs rather than charging a 12b-1 fee. The 12b-1 fee is an annual percentage charge based on the current value of the investment. |
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 The Government typically restrict this to 1%. |
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 Mutual Fund Fees - An article by the Securities and Exchange Commission on fees and loads involved with mutual funds. Mutual Fund Basics Tutorial - Learn about the basics--and the pitfalls!--of investing in mutual funds. |
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Related Terms
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