Home > Term: Redemption charge
Redemption charge
The fee a mutual fund may charge an investor who is redeeming shares, which may not exceed 2% of the value of shares redeemed. A Contingent Deferred Sales Charge (CDSC) is not considered a redemption fee.
- Jenis Kata: noun
- Industri / Domain: Layanan keuangan
- Kategori: Dana
- Company: Merrill Lynch
0
Penulis
- Harry8L
-
(V.I.P) 574128 poin - 100% positive feedback
(London, United Kingdom)
