CryptoAlchemy
Sat Aug 31 2024
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0 answers
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Do no-load funds have 12b-1 fees?
Could you please clarify for me if no-load funds are exempt from incurring 12b-1 fees? I've heard conflicting information on the matter and I'm seeking a definitive answer. I understand that no-load funds typically do not charge a sales commission or upfront fee to investors, but I'm unsure if this also applies to the 12b-1 fee, which is an annual fee meant to cover marketing and distribution costs. Could you help me understand the relationship between no-load funds and 12b-1 fees?
