Sentences with phrase «incurring deferred sales charge»

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.

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).

Not exact matches

The new adviser will have an opinion on your future strategy and will want to work to minimize the impact of any deferred sales charges you might incur by making changes.

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.

As the example above illustrates, with a little ingenuity, you can begin to reduce your fees considerably without incurring the dreaded deferred sales charge.