TERs also do not reflect fund sales charges or other costs borne by buyers and sellers of shares. (funds.eatonvance.com)
the SEC proposes new rules to limit fund sales charges, improve transparency of fees for investors, encourage retail price competition, and revise fund director oversight duties. (allfinancialmatters.com)
Regarding fund sales charges, the SEC proposal would restrict ongoing sales charges and would allow funds to keep paying 0.25 % per year from their assets for distribution as marketing and service fees to cover expenses such as advertising, sales compensation and services. (allfinancialmatters.com)