SejongWisdom
Sun Sep 22 2024
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7 answers
1488
What is the maximum annual 12b-1 fee?
Could you please clarify for me, what exactly is the maximum annual 12b-1 fee? I understand that this fee is often associated with mutual funds and is used to cover the costs of distribution and marketing, but I'm unsure of the specific limitations or caps that might be in place for this type of expense. Is there a standard or industry-wide maximum that funds must adhere to, or does it vary depending on the fund's size, structure, or other factors? I'm interested in knowing more about how this fee is regulated and what investors should be aware of when considering it in their investment decisions.
