| Contingent Deferred Sales Charge - CDSC |
 In the context of mutual funds, it is a back-end load charged only when a special circumstance occurs.
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A good example of a CDSC is a charge applied when you decide to move your money from one mutual fund into another company's fund. This sales charge is "contingent" because it's only applied when the funds are prematurely moved out of the original mutual fund.
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All About CDSC - Information on the various charges and how they come about.
Mutual Fund Fees - An article by the Securities and Exchange Commission on fees and loads involved with mutual funds. |
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Related Terms
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