A 12b-1 fee is actually a perpetual sales load because it is assessed on the investment,as well as on reinvested dividends,every year forever.

Question

Quizplus · Accepted Answer

A 12b-1 fee is a type of mutual fund fee that is charged annually to pay for marketing and distribution expenses. It is considered a perpetual sales load because it is assessed on the investment and on reinvested dividends every year, indefinitely.

A 12b-1 Fee Is Actually a Perpetual Sales Load Because