So-called “12b-1 fees” are fees paid out of mutual fund or ETF assets to cover the costs of distribution – marketing and…
Fees paid out of fund assets to cover marketing and selling fund shares. These fees may cover advertising costs, compensating…
Short-term obligations issued at a discount from face value. Discount notes have no periodic interest payments; the investor receives the…
A bond sold before it matures might not sell at full par value. If it sells below par, it is…
Information about a company’s financial condition and business that it makes public. Investors can use this information to make informed…
Financial instruments whose performance is derived, at least in part, from the performance of an underlying asset, security or index.…
A retirement savings plan, such as a 401(k) plan, that does not promise a specific payment upon retirement. In these…
Defined benefit plans also are known as pension plans. Employers sponsor defined benefit plans and promise the plan's investments will…
A sales charge, also known as a "Back-end Load," investors pay when they redeem (sell) mutual fund shares. Funds generally…
With a deferred annuity, you make payments to an insurance company, which will be free from taxes until you reach…