MoneyRates Blog

E*Trade Financial Ends Rebates of 12B-1 Fees

August 16, 2007
By MoneyRates team | Money-Rates Columnist

For the past few years E*Trade has promoted the 50% rebates of 12B-1 fees they had earned from mutual fund companies. 12B-1 fees are paid annually out of a mutual fund’s assets and directly effect the return to investors. Although 12B-1 fees are typically associated with “loaded funds”, no-load funds can charge a 12B-1 fee [...]

Posted in 12B-1 fees| E*Trade Securities| brokerage firms| load funds| money funds. mutual funds| no-load funds | 0 Comments
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