Business / Taxes / 12b-1 Fee: A number of load and no-load mutual funds levy 12b-1 fees on the value of your mutual fund account to offset the fund's promotional and marketing expenses. These asset-based fees, which get their name from the Securities and Exchange Commission (SEC) ruling that describes them, typically amount to somewhere between 0.5% and 1% annually of the net assets in the fund. A fund that charges 12b-1 fees must detail those expenses, along with other fees it imposes, in its prospectus.
Fee Noun Synonyms: pay, payment, emolument, compensation, recompense, honorarium, remuneration, rate, wage(s), stipend, salary
Fee Verb Synonyms: charge, price, cost, fare, bill, tariff, toll, damage(s)
Business / Finance / 12B-1 Fees: The percent of a mutual fund's assets used to defray marketing and distribution expenses. The amount of the fee is stated in the fund's prospectus. The SEC has recently proposed that 12B-1 fees in exc MORE
Life Style / Coffee / Natural Coffee: Coffee processed by removing the husk or fruit after the coffee fruit has been dried. When only ripe fruit is utilized and the drying is done carefully dry-processed coffee can be complex, fruity, and MORE