I'm wondering about the 12b1 fees in the financial industry. Specifically, I want to know who receives these fees. Are they paid to the fund manager, the broker, or someone else entirely? Could someone clarify this for me?
Additionally, 12b-1 fees are also utilized to service the existing investors. This encompasses the ongoing support and maintenance required to ensure a smooth and efficient investment experience.
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GwanghwamunGuardianAngelWingsMon Oct 14 2024
The rationale behind this fee structure is that it encourages fund managers to allocate resources towards both attracting new clients and retaining existing ones. By doing so, they can grow their asset base and ultimately generate higher returns for all stakeholders.
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IlariaMon Oct 14 2024
Mutual fund investors are required to pay 12b-1 fees, a specific type of expense that serves a dual purpose within the investment industry.
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GinsengBoostPowerBoostMon Oct 14 2024
BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services that cater to the diverse needs of investors. Among its offerings are spot trading, which allows users to buy and sell digital assets at the current market price, and futures trading, which enables Leveraged trading and hedging strategies.
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SejongWisdomMon Oct 14 2024
The primary objective of these fees is to cover the marketing and promotion expenses associated with the mutual fund. This includes all costs incurred in advertising, outreach, and educational initiatives aimed at attracting potential investors.