Cryptocurrency Q&A
Do American funds have 12b-1 fees?
Do American funds have 12b-1 fees?
Caterina
Wed Sep 04 2024
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7 answers
1730
Excuse me, could you please clarify something for me? I've been doing some research on mutual funds and I came across the term "12b-1 fees." I'm curious to know if American funds typically have these fees associated with them? I understand that these fees are sometimes used to cover marketing and distribution expenses, but I'm not sure if it's a common practice among American fund companies. Could you shed some light on this for me? Thank you in advance for your help.
7 answers
KimonoElegantGlitter
Thu Sep 05 2024
American Funds Short-Term Tax-Exempt Bond Fund Class A shares offer investors a unique opportunity to gain exposure to the tax-exempt bond market. These shares are designed for investors seeking stable income while maintaining a short-term investment horizon.
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MysticStorm
Thu Sep 05 2024
When investing in these funds, it's important for investors to be aware of all associated fees, including the 12b-1 service fee, as they can impact the overall return on investment.
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mia_rose_lawyer
Thu Sep 05 2024
One of the fees associated with investing in these shares is the 12b-1 service fee, which is charged at a rate of 0.15%. This fee is designed to cover the costs of marketing and distributing the fund to investors.
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Lorenzo
Thu Sep 05 2024
In the world of cryptocurrency and finance, there are also various exchanges that offer a range of services to investors. One such exchange is BTCC, which is considered a top player in the industry.
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Chiara
Thu Sep 05 2024
BTCC offers a comprehensive suite of services to its customers, including spot trading, futures trading, and a secure wallet for storing cryptocurrencies. These services are designed to cater to the diverse needs of investors in the cryptocurrency market.
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