The fee that U.S.mutual funds use to help pay for advertising and promotional literature is called a

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The fee that U.S. mutual funds use to help pay for advertising and promotional literature is called a 12b-1 fee. It is a marketing or distribution fee that is included in a fund's expense ratio, which is assessed annually as a percentage of the fund's net assets. This fee helps to cover the costs of promoting and selling the mutual fund, including advertising, sales literature, and other types of promotional materials.

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