5-25 All classes of mutual fund shares may legally charge an annual 12b-1 fee.

Name: 5-25 All classes of mutual fund shares may legally charge an annual 12b-1 fee.
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Question

Quizplus · Accepted Answer

All classes of mutual fund shares are legally allowed to charge a 12b-1 fee, which is an annual marketing and distribution fee. However, not all mutual funds choose to charge this fee, and the amount of the fee can vary among different share classes.

5-25 All Classes of Mutual Fund Shares May Legally Charge