A 12b-1 Fee Is a Hidden Load Because It Increases

question 109

True/False

A 12b-1 fee is a hidden load because it increases a shareholder's earning power each year without being described as a sales commission.

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Definitions:

Check Register

A record book or digital log used to track checks written, deposits made, and current account balances.

Deposit

A sum of money placed into an account or given as a part payment towards a purchase, often to secure it or show commitment.

Check Register

A record of financial transactions, especially checks written and deposits made, in a checking account.

Deposit

A sum of money placed into an account or with a financial institution as a part of a transaction or for safekeeping.