Not exact matches
-- You get 100 % of the
proceeds (
less transaction
fees depending on which e-commerce platform you go through).
Fees For Home Equity Applications: LTV of
less than or equal to 80 % (Owner Occupied and Secondary Residences ONLY): Mortgage Recording
Fee (Payable From
Proceeds at Disbursement)
The net
proceeds that the issuer receives are thus the issue price,
less issuance
fees.
You need to be smart and trim positions when the brokerage
fees (your $ 5 - 10 trades) make up
less than 1 % of the
proceeds.
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.
Your capital gain will be equal to the gross
proceeds from the sale
less the adjusted cost base (ACB)
less the costs of selling the shares (brokerage
fees).