Series 65: 10.9.3. 12b-1 Fees

10.9.3. 12b-1 Fees

As previously discussed, 12b-1 fees are asset-based charges for selling, marketing, and distributing a mutual fund. They include advertising costs, such as printing materials and mailing prospectuses. Because many firms do not charge commissions for the sale of mutual fund shares, 12b-1 fees are sometimes taken from a fund’s assets and