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The stuff that could make all the difference in your Mutual Funds
By Taking Care Of My Own Business  •  September 19, 2016
Fees and Expenses. Investors in mutual funds incur two primary kinds of expenses and fees: Fund expenses and loads.  Whereas fund expenses are paid indirectly from fund assets throughout the year, sales loads are one-time fees that investors pay either at the time of purchase or when units are redeemed.

Take a deep breath and let’s go for a deep-dive into those expenses

Fund expenses cover operating expenses and fees, whereas sales loads are one-time charges and may either be front or back end sales charges. The US Securities and Exchange Commission (SEC) summarizes the regular fund operating expenses by enlisting these fees into the category: Investment Advisory Fees, Marketing and Distribution Expenses, Brokerage Fees, Custodial Fees, Transfer Agency Fees, Legal Fees, and Accountants fees. Lots of fees, right? A fund’s prospectus will enlist certain charges under the Annual Fund Operating Expenses.  These charges include Management Fees, Distribution or Service Fees, Other Expenses, and Total Annual Fund Operating Expenses.  ......
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By Taking Care Of My Own Business
Why you should be Taking Care Of Your Own Business or why you should Tacomob. Hi, my name is Andy.Andreas G. Schmidt (aka Andy) What motivated me to create this website? Well, sometimes, one can observe a lot by watching ...
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