12b-1 Plan

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Definition: 12b-1 Plan

12b-1 Plan
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Full Definition of 12b-1 Plan

Mutual fund that is able to use its own assets in order to pay for its distribution costs. This is used by no load mutual funds as an alternative to having up-front or back-end sales fees charged to clients on fund purchases or sales. These fees are charged on an annual basis.

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https://payrollheaven.com/define/12b-1-plan/
Modern Language Association (MLA):
12b-1 Plan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 18, 2024 https://payrollheaven.com/define/12b-1-plan/.
Chicago Manual of Style (CMS):
12b-1 Plan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/12b-1-plan/ (accessed: April 18, 2024).
American Psychological Association (APA):
12b-1 Plan. PayrollHeaven.com. Retrieved April 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/12b-1-plan/

Definition Sources

Definitions for 12b-1 Plan are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 13th November, 2021 | 0 Views.