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Describe the origin,meaning and application of sociotechnical systems theory.
Operating Expense Fee
Fees charged by mutual funds and investment companies for the cost of managing the fund, including administrative and management services.
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.
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