Sentences with phrase «deferred sales charge mutual»

If they can't reduce the fees considerably, which may not be possible at a firm that recommends 2.9 % deferred sales charge mutual funds in the first place, it may be worth paying the DSC fee to move the money to a lower cost investment solution elsewhere.

Not exact matches

A financial planner may be able to catch this and other common pitfalls, like incurring deferred sales charge (DSC) penalties when selling mutual funds before they've matured.

This is for mutual funds with share classes decided when shareholders pay the fund's load or sales charge, Class - B shares carry a deferred sales charge during a five - to 10 - year holding period intended from the time of the initial investment.

Many advisers sell mutual funds with deferred sales charges (also called DSCs, or «back - end loads»).

Like almost all his contemporaries, De Goey started out selling mutual funds with deferred sales charges, but later become one of the early adopters of the fee - based, no - commission business model.

Load fund: A mutual fund that either sells shares through an underwriter or broker / dealer and charges either an up - front or deferred sales charge, or sells the shares directly but charges more than.25 % in 12b - 1 charges per year.

For example, he might put your wife into high MER mutual funds or ones with deferred sales charges that generate a nice payout for him upfront.

Beware deferred sales charge (DSC) mutual funds, which may levy a fee of up to 5 % to sell the funds on transfer.

This commission is either a front - end sales charge (a fee charged when mutual fund units are bought) or a deferred sales charge (a fee charged when mutual fund units are sold).

If an investor chooses a deferred sales charge option, the mutual fund company that manages and administers the funds deducts what is called a deferred sales charge from the value of units sold if they are sold within a certain number of years (which varies according to the fund type and company).

Costs associated with mutual funds but not included in operating expenses are loads, contingent deferred sales charges (CDSC) and redemption fees, which, if they apply, are paid directly by fund investors.

Most mutual funds were purchased with a deferred sales charge (DSC), which paid the advisor 5 % of the invested amount up front.

Even though most investors» time horizons may be more than 5 - 7 years, there seems to be a correlation between high MER fees and mutual funds with deferred sales charges.

The other issue is the approximately $ 5,000 in deferred sales charges (DSCs) that I would have to pay, when I switch over from my high - fee mutual funds.

Something else to be aware of are deferred sales charges, a back - end fee charged to mutual fund investors who redeem their investment prior to a set period of time.

Deferred sales charges (DSCs) may have been the mutual fund industry's greatest marketing innovation.

She wanted to move her savings to a discount brokerage and rebuild the portfolio herself, but she quickly learned many of her 20 or so mutual funds carried deferred sales charges.

Perhaps no investment product is more maligned than mutual funds with deferred sales charges (DSCs), also known as back - end loads.

Most likely you had Mutual funds series A with Deferred Sales Charges (DSC).

For mutual Fund Class C shares the maximum offering price (MOP) returns take into the account the contingent deferred sales charge (CDSC).

First, the mutual funds may have deferred sales charges (DSCs), which apply if you sell the funds before a specified period, often six or seven years.

Q: My husband and I have RRSPs with an advisor and our holdings are all in mutual funds with deferred sales charges (DSCs).

I googled it found that «A contingent deferred sales charge (CDSC) is a fee (sales charge or load) that mutual fund investors pay when selling Class - B fund shares within a specified number of years of the date on which they were originally purchased.

In addition to the MERs, mutual funds may also have additional fees tacked on when buying or selling the funds (known as front - load or deferred sales charge fees).

Going forward, the investor will need to contact the remaining mutual fund companies at the beginning of each year to determine what amount they can sell from the funds without incurring any deferred sales charges, and make the necessary trades (the proceeds can then be used to purchase the iShares DEX Universe Bond Index Fund (XBB) as originally planned).

You also avoid the mistake of using high - priced investments that lock you in, such as high - fee Deferred Sales Charge (DSC) mutual funds.

It can take years to fully transition from one investing mindset to another: those with DSC (Deferred Sales Charge) mutual funds face the barrier of waiting for redemption schedules to wind down while tax considerations make it difficult to convert any non-registered portfolio to a couch potato portfolio.

Switching any mutual fund units still subject to deferred sales charges to lower - cost bond funds from the same fund family can help reduce costs and simplify a portfolio.

If you buy a mutual fund, some advisers still charge a DSC (deferred sales charge) where they get a fee up front.

Advocis is wrong to lump together mutual fund trailers, deferred sales charges (DSCs) and life insurance commissions.

Question No. 3: How much will it cost you in deferred sales charges if you decide to sell your mutual fund within two years of buying it?

A lot of her money is tied up in mutual funds with deferred sales charges, and she doesn't know whether to sell these all at once or gradually.

With deferred sales charge (DSC) mutual funds, you can buy without paying any upfront sales commissions.

While these fees are higher than what I'm paying to manage my own portfolios, they are still much cheaper than owning mutual funds that charge 2 — 4 % of assets plus other annoying charges like deferred sales charges.

This means that when mutual fund investors want to sell their fund shares, they sell them back to the fund, or to a broker acting for the fund, at their current NAV per share, minus any fees the fund may charge, such as deferred sales loads or redemption fees.