EnchantedDreams
Fri Sep 06 2024
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7 answers
1915
What is the CDSC fee for American funds?
I'm curious to know, could you please clarify what the CDSC fee stands for when it comes to American funds? And specifically, what is the typical range of this fee that investors can expect to encounter? I understand that it's an important factor to consider when making investment decisions, so I'm eager to get a better grasp of it. Thank you in advance for your insights.
Caterina
Wed Sep 04 2024
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7 answers
1730
Do American funds have 12b-1 fees?
Excuse me, could you please clarify something for me? I've been doing some research on mutual funds and I came across the term "12b-1 fees." I'm curious to know if American funds typically have these fees associated with them? I understand that these fees are sometimes used to cover marketing and distribution expenses, but I'm not sure if it's a common practice among American fund companies. Could you shed some light on this for me? Thank you in advance for your help.
