Mutual Fund Charge

Question 1

The amount paid to buy shares in a mutual fund (usually goes to the broker) Visible

Answer 1

Sales Charge(Load)

Question 2

A fee paid when you sell shares (typically goes to broker) Visible

Answer 2

Deferred Sales Charge(Load)

Question 3

A fee charged by funds to shareholders when they sell/redeem shares Visible

Answer 3

Redemption Fee

Question 4

fees paid out of fund assets for managing the fund

Answer 4

Management Fees

Question 5

Fees paid out of fund assets to cover the costs of marketing and selling fund shares

Answer 5

Distribution Fees (12b-1 Fees)

Question 6

Fund’s annual fund operating expense expressed as a percentage of the fund’s average net assets

Answer 6

Total Annual Fund Operating Expenses