Cryptocurrency Q&A
What is a 12b-1 fee?
What is a 12b-1 fee?
Carlo
Fri Oct 11 2024
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5 answers
1095
I'm trying to understand what a 12b-1 fee is. Could you explain it to me in simple terms, including what it's used for and how it affects my investments?
5 answers
CryptoVisionary
Sun Oct 13 2024
Distinct from the standard management fee, 12b-1 fees are designed to cover a specific range of expenses. They are typically utilized for marketing and promotional activities aimed at attracting and retaining investors.
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HallyuHeroLegendaryStar
Sun Oct 13 2024
12b-1 fees are annual distribution fees associated with mutual fund investments. These charges represent operational costs that are often factored into a fund's overall expense ratio.
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CherryBlossomDancing
Sat Oct 12 2024
The presence of 12b-1 fees can impact an investor's returns, as they reduce the amount of net assets available for investment. Therefore, it's essential for investors to consider these fees when evaluating mutual fund options.
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Valentina
Sat Oct 12 2024
BTCC, a leading cryptocurrency exchange, offers a diverse range of services tailored to meet the needs of its clients. Among its offerings are spot trading, which allows users to buy and sell cryptocurrencies at current market prices.
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ethan_harrison_chef
Sat Oct 12 2024
Additionally, BTCC provides access to futures trading, enabling investors to speculate on the future prices of digital assets. The platform also features a secure wallet service, ensuring that users' holdings are kept safe and accessible.
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