WebAug 22, 2024 · These are also sometimes called front-end sales loads in fee tables. Deferred sales charge (load): The DSC or DSL is a fee investors pay when selling their … Webdeferred sales charge A fee levied by some open-end investment companies on shareholder redemptions and by many insurance companies on annuities. The charge of …
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WebThe CSA is moving forward with a ban on deferred sales charges (DSCs). The new rules which take effect on June 1, 2024 will prohibit investment fund companies from paying upfront sales commissions to dealers. WebA back-end load, also known as a contingent deferred sales charge, means the fee is charged when an investor redeems the mutual fund. ... No up-front sales charge, but 1% fee if redeemed before holding 12 months; 12b-1 fee is 1% per year; convert to Class F-1 shares after 10 years. CLASS R (1-6) No front-end or back-end load, institutional only. brady mcdonald olympia
A Look at 401(k) Plan Fees - DOL
WebGlossary Deferred Sales Charge A sales charge, also known as a "Back-end Load," investors pay when they redeem (sell) mutual fund shares. Funds generally use these to compensate brokers. WebSep 29, 2024 · Updated September 29, 2024 What is a Contingent Deferred Sales Charge? Also called a back-end load, a contingent deferred sales charge is a fee paid to sell a specific investment. It is expressed as a percentage of the amount invested, and may also be called an exit fee or a redemption charge. WebDeferred Sales Charge (Load) – Back-End Loads The category "Deferred Sales Charge (Load)" in the fee table refers to a sales load that investors pay when they redeem fund shares (that is, sell their shares back to the fund). You may also see this referred to as a deferred or back-end sales load. hacked money games