Back-end Load definition :
A mutual fund that charges investors a fee to sell (redeem) shares, often ranging from 4% to 6%.
Back-end loads typically decline for each year that a shareholder remains in a fund. Typically back-end load charges start at around 5% to 7% in the first year, and will decline towards 0% over the next 5 to 7 years.
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Back-end load is a sales charge that's assessed when an investor sells mutual fund shares.
A back-end load is a sales charge or a commission paid when an investor sells an investment. A back-end load may also be known as a redemption fee or a deferred sales charge. In England a back-end load fee is sometimes called an exit charge.
Class B shares typically have a back-end load, payable when you redeem your fund shares, but declining the longer you hold the fund until finally, after six to eight years, it "converts" to zero.
Most common in mutual funds and annuities, the back-end load is designed to discourage withdrawals. Back-end loads typically decline for each year that a shareholder remains in a fund.
Some back-end load funds impose a full commission, if the shares are redeemed within a designated time, such as one year. The commission decreases the longer the investor holds the shares.
BACK-END LOAD - A form of sales charge imposed on investors by some mutual funds. These charges may be ...
BACK-END LOAD FUND - A mutual fund that charges investors a fee to sell (redeem) shares, often ranging ...
Back-end load.A fee charged by mutual funds to investors who sell their shares before owning them for a specified time.
Back office.The support operations of a brokerage firm that don't deal directly with customers.
Back-end load
A back-end load is a sales charge or fee charged when funds are withdrawn from an investment, particularly mutual funds and annuities.
Back-End Load - A fee (sales charge or load) that investors pay when selling mutual fund shares within a specified number of years, which usually ranges between five to ten years.
Back-end load
Some mutual funds impose a back-end load, or a contingent deferred sales charge, if you sell shares in the fund during the first six or seven years after you purchase them.
Back-End Load A sales charge levied at the time of redemption. It declines annually to zero over an extended holding period, as described in the prospectus.
back-end load: Also called a redemption charge, a commission incurred when redeeming shares of a mutual fund.
Back-End Load
A fee that an investor pays when redeeming (withdrawing) funds from an investment--also called "deferred sales charge." The fee is usually dependent on how long the investment is held--the longer the time period, the smaller the fee.
Back-End Load - Refers to charges which are imposed upon the redemption or liquidation of an investment position. Often these charges are on a sliding scale. Sometimes, these charges are viewed as early withdrawal penalties.
Back-end load: Another way funds hit you with a load is by charging a redemption fee — also known as a back-end load. This is a commission that is charged against your account when you sell your fund.
Shares in back-end load funds are sometimes described as Class B shares to distinguish them from front-end load funds, which are known as Class A shares, and level-load funds, called Class C shares.
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See: Annuity; Back-End Load; Front-End Load; Investment Company; Load Mutual Fund; Mutual Fund; No Load Mutual Fund; Redemption ...
back-end load A sales charge or commission paid when an individual sells an investment, such... back-to-back loans An arrangement in which two firms in different countries borrow each other's...
See: Front-end loads and back-end loads. Level pay Scheduling principal and interest payments (P&I) due under a mortgage so that total monthly payment of P&I is the same.
back-end load A sales charge or commission for an investment paid by the buyer at the time of sale. See front-end load.
BACK-END LOAD A redemption charge an investor or policyholder pays for withdrawing money from an investment or policy. This is most common in mutual funds and annuities and is designed to discourage early withdrawals.
Back-end Load
A charge imposed when investors redeem (sell) shares in mutual funds, which has the effect of discouraging withdrawals. Traditionally, the e...(Read more)
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These charges may be called back-end loads, deferred loads, deferred sales charges, contingent deferred sales charge (CDSC), or redemption fees. Regardless of the name, funds with deferred sales charges are simply one form of load funds.
Sometimes investors are surprised to learn that they have to pay to get out of funds through back-end loads or redemption fees. Find out the redemption costs before you invest so you won't be unpleasantly surprised when you redeem your shares.
You will be charged a back-end load fee if you withdraw funds within the 1st year.
Class C shares charge a higher management expense ratio (MER) fees than Class B shares.
Class B shares have a back-end load, which you don't pay unless you sell your shares during the period the charge applies, which is usually up to seven years after purchase, though it could be longer or shorter.
You are only likely to face a back-end load from a unit trust or life assurance company. The size of the exit fee varies.
B Shares: These funds have no front-end sales charge, but carry a redemption fee, or back-end load that you pay if you redeem shares within a certain number of years.
Some back-end load funds impose a full if the are redeemed within a designated time, such as one year. The commission decreases the longer the holds the shares. The formal name for the back-end load is the contingent deferred sales charge, or CDSC.
If it's a no-load fund or you buy shares with a back-end load or a level-load, the offering price and the net asset value (NAV) are the same. If the shares have a front-end load, the sales charge is added to the NAV to arrive at the offering price.
This class is characterized by a back-end load structure that is paid only when the fund is sold.
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This is the dollar amount of your investment at the time you decide to sell, or redeem, your mutual fund. A back-end load calculated on the value of your investment when you sell, or redeem, it can significantly reduce your investment return.
A kind of sales charge, also referred to as a back-end load, imposed when an investor redeems, or sells back units of the fund.
Redemption Price ...
Load - A sales commission charged by many mutual funds. Some are front-end loads (fee paid when the shares are purchased) or back-end loads (fees paid when the shares are sold).
Loan Balance - The amount owed, including principal and interest.
Some mutual funds impose a charge when you sell your shares within a certain period of time, which can vary. A redemption fee is also known as a back-end Load. See the fund prospectus for details about the designated holding period.
Front End Load
A sales charge assessed when an investment (e.g., a mutual fund or annuity) is purchased. This is in contrast to a back-end load, which is assessed when the investor withdraws money from the investment.
A fee charged for the redemption (i.e. withdrawal/cashing in) of units in a unit trust. Also known as back-end load.
Redemption penalties ...
The fee charged by a mutual fund or insurance company for redeeming units. It is otherwise known as a redemption fee or back-end load. These fees decline over time and are eventually reduced to zero if the fund is held long enough.
Load
The sales fee charged to an investor when shares are purchased in a load fund or annuity. See: Back-end load; front-end load; level load.
Front-end Load - Sales charge that is immediately deducted from the purchase price of mutual fund shares. Once quite common, few fund companies still charge front-end loads; most are no-load or have back-end loads that decline as shares are held ...
Many back-end load funds will allow a portion of the investment to be redeemed each year without charge. Also, as with all mutual funds, trailer fees are paid annually by the fund to the advisor, broker or dealer where you hold your funds.
FRONT-END LOAD: A sales charge incurred on the purchase of an investment. Sales charges incurred upon sale of the investment are called back-end load.
A sales commission assessed by some mutual funds to compensate the broker or financial planner who sells them; commissions typically range from 2 to 6 percent. Front-end loads are assessed at time of purchase; back-end loads are assessed at time of ...
paid to the broker or institution marketing the fund, may be incurred at the initial stage of investment (front-end load), or through the whole life of the investment (level load). Some funds charge fees for withdrawal of assets (back-end load).
Exim bank See: Export-Import Bank Exit fee See: Back-end load Exogenous Describes facts outside the control of the firm. Converse of endogenous.
Contingent deferred sales charge (CDSC) The formal name for the load of a back-end load fund.
 See also: Expense, Load fund, Banks, Saving, Contingent deferred sales charge
  
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