Examlex
Heating a solution of alcohol and water,then collecting the alcohol vapors and condensing them into a liquid with a higher alcohol content,is called
Front-end Load
A commission or sales charge applied at the time of the initial purchase of an investment.
SEC Rule 12b-1
A regulation by the U.S. Securities and Exchange Commission that allows mutual funds to charge their shareholders for advertising and sales promotion expenses.
Marketing Expenses
Costs associated with promoting a company, product, or service, including advertising, product samples, and event sponsorships.
Fund Assets
The total value of all the securities and cash held by an investment fund.
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