Examlex
Driving when exhausted is not as dangerous as driving drunk.
Front-End Load Fee
A charge applied at the time of purchase of an investment, typically pertaining to mutual funds.
12b-1 Fee
A fee that mutual funds may charge for marketing, distribution, and service expenses, expressed as a percentage of assets under management.
Net Asset Value
The value per share of a fund, calculated by dividing the total value of the fund's assets minus its liabilities by the number of shares outstanding.
Year-End Assets
These are the total value of all assets that a company or individual owns at the end of the fiscal year.
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