Comments on: Understanding the various forms of mutual fund fees (Part 2) http://www.jemstep.com/blog/2010/05/understanding-the-various-forms-of-mutual-fund-fees-part-2/ Wed, 25 Jan 2012 13:17:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: David Buchanan http://www.jemstep.com/blog/2010/05/understanding-the-various-forms-of-mutual-fund-fees-part-2/comment-page-1/#comment-619 David Buchanan Mon, 31 May 2010 14:04:40 +0000 http://www.jemstep.com/blog/?p=592#comment-619 Hi NeverEndingFees, Load fees (front and back), purchase fees, and redemption fees are all once-off charges. For recurring fees have a look at the fund’s expense ratio. The expense ratio comprises management fees, 12b-1 fees, and other administrative costs (legal fees, accounting fees and so on), these are charged annually. Remember that not all mutual funds charge the above fees and that the fees may be dependent on your specific situation. Hope that helps, please keep posting your questions. Hi NeverEndingFees,

Load fees (front and back), purchase fees, and redemption fees are all once-off charges. For recurring fees have a look at the fund’s expense ratio. The expense ratio comprises management fees, 12b-1 fees, and other administrative costs (legal fees, accounting fees and so on), these are charged annually.

Remember that not all mutual funds charge the above fees and that the fees may be dependent on your specific situation.

Hope that helps, please keep posting your questions.

]]> By: NeverEndingFees http://www.jemstep.com/blog/2010/05/understanding-the-various-forms-of-mutual-fund-fees-part-2/comment-page-1/#comment-555 NeverEndingFees Mon, 24 May 2010 14:42:55 +0000 http://www.jemstep.com/blog/?p=592#comment-555 Wow, very informative article David. I understand now that fees can be deducted when you buy or when you sell your mutual fund. There were so many fees mentioned above that I will be sure to look out for. From all the fees mentioned, what are the ongoing fees that are deducted annually? Wow, very informative article David. I understand now that fees can be deducted when you buy or when you sell your mutual fund. There were so many fees mentioned above that I will be sure to look out for. From all the fees mentioned, what are the ongoing fees that are deducted annually?

]]> By: Morrison http://www.jemstep.com/blog/2010/05/understanding-the-various-forms-of-mutual-fund-fees-part-2/comment-page-1/#comment-545 Morrison Sun, 23 May 2010 17:57:59 +0000 http://www.jemstep.com/blog/?p=592#comment-545 Unbelievable, all these different fees that are charged to the unwary consumer. Thanks for highlighting them and making me more aware of what to look out for. Unbelievable, all these different fees that are charged to the unwary consumer. Thanks for highlighting them and making me more aware of what to look out for.

]]> By: Angelo M. http://www.jemstep.com/blog/2010/05/understanding-the-various-forms-of-mutual-fund-fees-part-2/comment-page-1/#comment-536 Angelo M. Sat, 22 May 2010 14:58:30 +0000 http://www.jemstep.com/blog/?p=592#comment-536 Wall Street and their fees, it's crazy. Wall Street and their fees, it’s crazy.

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