What is a Contingent Redemption Fee?
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This is a fee charged by the specific mutual fund if a client decides to sell the fund within a specific amount of time (usually up to one year). This fee will be disclosed to you within your account access on the custodian’s website on the Order Verification screen before the Order is Acknowledged and placed. It is used to discourage excessive trading of mutual funds.
This is a fee charged by the specific mutual fund if a client decides to sell the fund within a specific amount of time (usually up to one year). This fee is disclosed in the prospectus of each investment. We encourage you to read the prospectus carefully prior to purchasing any investments. It is used to discourage excessive trading of mutual funds.