12b-1 funds

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* 1.Mutual funds that do not charge an upfront or back-end commission, but instead take out up to 1.25% of average daily fund assets each year to cover the costs of selling and marketing shares, an arrangement allowed by the SEC's Rule 12b-1 (passed in 1980)

English Related Words* 12b-1 fees

* a drive for funds

* allocation of funds

* appropriate funds

* appropriation of funds

* automatic funds transfer

* available funds

* bolt funds

* capital program funds

* clearing house funds

* cost of borrowed funds

* cost of funds

* dedicated funds

* donor funds

* electronic funds transfer