It is better to avoid these costs by choosing a no - load fund, however, be aware that this alternative may
charge other administrative fees that may be very high.
The cost of bankruptcy in Ontario includes fees that need to be paid when declaring bankruptcy such as government filing fees, court fees and
other administrative fees.
There are two main categories of fees: 1) Shareholder Fees (Sales loads, Redemption Fees, Exchange Fees, Account Fees and Purchase Fees) and 2) Annual Fund Operating Expenses (Management Fees, 12b - 1 fees which are distribution and / or service fees, and Other Expenses which are comprised of custodial, legal, accounting, transfer agent, and
other administrative fees).
Shipping, insurance, and
other administrative fees are not included in the amount of AAdvantage miles earned.
The other disadvantage is that the bulk of your premiums go to cover the cost of the death benefits and
other administrative fees (many of these fees aren't transparent), so you don't reap a lot of benefit for the cash value accumulation in the early years of the policy.