A shareholder fee that some funds charge when investors redeem (sell) mutual fund shares. Redemption fees, which must be paid to the fund, are not the same as and may be in addition to a back-end load, which is typically paid to a broker. The SEC generally limits redemption fees to 2% of the sales amount.
Don’t Make the Same Mistakes Over and Over Again
In the spirit of Groundhog Day and the movie, our Director’s Take article highlights what mistakes NOT to make over and over again when making investment decisions.
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