Sentences with phrase «in deferred sales charges»

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?

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.

«I managed to pay less than $ 100 in deferred sales charges,» says Jennifer.

Not exact matches

Class B share returns reflect the applicable contingent deferred sales charge (CDSC), which is 5 % in the first year, declining to 1 % in the sixth year, and is eliminated thereafter (except for Putnam Floating Rate Income Fund, Putnam Absolute Return 100 Fund, Putnam Fixed Income Absolute Return Fund, and Putnam Short - Term Municipal Income Fund, which is 1 % in the first year, declining to 0.5 % in the second year, and is eliminated thereafter).

Class B share returns reflect the applicable contingent deferred sales charge (CDSC), which is 5 % in the first year, declining to 1 % in the sixth year, and is eliminated thereafter.

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.

At that time we positioned our $ 400,000 portfolio to follow the Couch Potato strategy and gave our financial adviser very explicit instructions that none of our investments were to be in funds that have a deferred sales charge (DSC).

There is also a chance that your investments are held in products with back end loads (also called deferred sales charges).

Case in point: the Investors Canadian Equity fund, with its 2.7 % MER (plus deferred sales charge) and its bottom - decile performance, has $ 2.34 billion in assets.

But they feel hampered by onerous deferred sales charges (DSCs) as well as capital gains taxes in their non-registered accounts.

If there is a sale of Class B shares within the first few years of purchasing Class B shares, there will likely be a contingent deferred sales charge or load added to the transaction in addition to higher annual fees and expenses, further reducing your investment returns.

Class B shares reflect the applicable contingent deferred sales charge (CDSC), which is 5 % in the first year, declines to 1 % in the sixth year, and is eliminated thereafter.

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.

Class B share returns reflect the applicable contingent deferred sales charge (CDSC), which is 5 % in the first year, declining to 1 % in the sixth year, and is eliminated thereafter (except for Putnam Floating Rate Income Fund, Putnam Absolute Return 100 Fund and 300 Fund, and Putnam Short - Term Municipal Income Fund, which is 1 % in the first year, declining to 0.5 % in the second year, and is eliminated thereafter).

It no longer has a deferred sales charge and the prospectus breaks down what the advisor gets paid in great detail.

In our opinion, around 20 % are worth hanging on to if you already own them; particularly, if you would incur a taxable gain, contingent deferred - sales charge (CDSC), or short - term trading commission at your discount broker if you sold.

But the new regulations from the Canadian Securities Administrators (CSA) will mandate new «Fund Fact» sheets that also include a clear explanation of the risks investors are taking on when they invest, as well as a clear breakdown of initial and deferred sales charge options in both percentage and dollar terms.

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.

In some cases, A-series funds can be subject to a deferred sales charge, in which case the trailer fee is loweIn some cases, A-series funds can be subject to a deferred sales charge, in which case the trailer fee is lowein which case the trailer fee is lower.

He had been buying only funds with deferred sales charges (called DSCs)-- big penalties that kick in when you sell your funds.

Moreover, their bank advisor had sold them the funds with a deferred sales charge which is another black mark / scam in my opinion.

Ask your current advisor for a schedule of all the deferred sales charges that would kick in if your sold your funds, as well as the maturity dates (after which no DSCs would apply).

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

Some funds carry deferred sales charges (DSCs), which kick in if you sell them before a certain date.

If the latter sounds like you, I have outlined a number of steps that will assist you in reducing the impact of, or completely avoiding these deferred sales charges.

• Total number of free units or total market value of the fund currently available to redeem free of charge • Any additional units maturing in the current year • Total deferred sales charge on full redemption • Final maturity date

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).

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

Class B share returns reflect the applicable contingent deferred sales charge (CDSC), which is 5 % in the first year, declining to 1 % in the sixth year, and is eliminated thereafter (except for Putnam Floating Rate Income Fund, Putnam Absolute Return 100 Fund, Putnam Fixed Income Absolute Return Fund, and Putnam Short - Term Municipal Income Fund, which is 1 % in the first year, declining to 0.5 % in the second year, and is eliminated thereafter).

«Or, should we wait and sell them when the deferred sales charges reach zero in a few years?

Class B share returns reflect the applicable contingent deferred sales charge (CDSC), which is 5 % in the first year, declining to 1 % in the sixth year, and is eliminated thereafter (except for Putnam Floating Rate Income Fund, which is 3 % in the first year, declining to 1 % in the fourth year, and is eliminated thereafter).

As for deferred sales charges, Morningstar states that these have fallen steeply out of favour in the top - ranking U.S., «with many fund companies shutting down the share classes that charged deferred loads.»

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.

I don't like deferred sales charges either — included in that mix is fixed annuities.

Class C shares have a contingent deferred sales charge of 1.00 % in the first year and an even higher expense ratio of 1.44 %.

Further, the net annual distributions per unit may decrease over time because a portion of the securities included in the portfolio will be sold to pay for organization costs, deferred sales charges, the creation and development fee and other regular fees and expenses during the life of the portfolio.

Annualized Total Returns with sales charge reflect deduction of current maximum initial sales charge of 5.75 % for Class A shares of equity funds and alternative funds (except alternatives funds that invest primarily in fixed income instruments), and 4.25 % for Class A shares of fixed income funds and alternative funds that primarily invest in fixed income instruments, and 2.50 % for Class A shares of short - term fixed income funds and applicable contingent deferred sales charges (CDSC) for Class C shares.

Any charges, such as investment sales charges or commissions or annual account fees, within the tax - deferred account are not reflected in the above illustration.

Deferred sales charges are stealth wealth killers that investors can ill afford in these uncertain times.

If a lot of thought hasn't gone into picking your funds, deferred sales charges can really compound your problems if you need to make changes in your portfolio.

Deferred sales charges work on a declining scale that typically starts at 5.5 per cent in the first year (sometimes that applies to the amount you invested, and sometimes to the current value of your holdings) and declines to 1.5 to 2 per cent in the seventh year before disappearing altogether.

Class B share returns reflect the applicable contingent deferred sales charge (CDSC), which is 5 % in the first year, declining to 1 % in the sixth year, and is eliminated thereafter.

The proceeds, which are equal to number of shares times NAV less any applicable deferred sales charges or redemption fees, will be sent by mail to the address designated on your account or sent electronically, via ACH or wire, directly to your existing account in a bank or brokerage firm in the United States as designated on our application.

If those funds you mentioned were sold on a DSC basis (deferred sales charge) then you can get hit with as much as a 5.5 % redemption fee which would be well over $ 10,000 in your case.

Class B share returns reflect the applicable contingent deferred sales charge (CDSC), which is 5 % in the first year, declining to 1 % in the sixth year, and is eliminated thereafter (except for the Putnam Absolute Return 100 and Putnam Fixed Income Absolute Return options, which is 1 % in the first year, declining to 0.5 % in the second year, and is eliminated thereafter).

You may have to pay a setup charge to help the resident manager move in, as well as a small percentage of your home sale price, which can be deferred until closing, according to the International Risk Management Institute.