Not exact matches
She suggests sticking with
funds that have expense ratios below 1 percent, and preferably below 0.5 percent, as well as steering clear
of so - called «
load»
funds, which charge
extra at the point
of sale.
The report made a compelling argument to introduce a «base rate» level
of funding per student, known as the Schooling Resource Standard (SRS), with
extra loadings on top based on a number
of equity categories.
There is zero connection between the management
of the
fund and the
extra front end sales
loads, back end sales
loads, higher management expenses, and 12b - 1 marketing fees that you pay, when you buy through a financial counselor.
Last week, it barred closed - end
funds from charging 20 basis points
extra in lieu
of exit
load.