Cryptocurrency Q&A
What is 12b-1 fee as the primary sales charge?
What is 12b-1 fee as the primary sales charge?
HanbokGlamour
Sat Aug 31 2024
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7 answers
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Excuse me, could you please clarify what a 12b-1 fee is and how it differs from a primary sales charge? I've heard the term before, but I'm not entirely sure of its definition or its significance in the world of finance and cryptocurrency. Is it a type of fee that investors pay when they buy or sell assets, or is it something else entirely? I'd appreciate any insight you could provide on this topic.
7 answers
TeaCeremony
Mon Sep 02 2024
Mutual funds offer various classes of shares, each with distinct fee structures. Among these, Class C shares are notable for their inclusion of a 12b-1 fee.
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MysticGalaxy
Mon Sep 02 2024
The 12b-1 fee serves as the primary sales charge for Class C shares, differentiating them from other classes.
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Chiara
Sun Sep 01 2024
Among its offerings, BTCC provides spot trading, enabling users to buy and sell cryptocurrencies at prevailing market prices. Additionally, it supports futures trading, allowing investors to speculate on the future price movements of various digital assets.
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CryptoVisionary
Sun Sep 01 2024
This annual fee is embedded within the expense ratio of the fund, contributing to the overall cost of ownership.
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EnchantedPulse
Sun Sep 01 2024
The purpose of the 12b-1 fee is to cover distribution and marketing expenses associated with the fund.
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