service fee

Definition

A part of a mutual fund's 12b-1 fee, not to exceed 0.25%, which compensates financial planners or brokers for shareholder services.

Cite this definition


'service fee ' appears in the definitions of these terms on BusinessDictionary.com

activity charge, mortgage banker

Related Articles from the InvestorGuide.com University

Introduction to Mutual Funds
An explanation of mutual funds, with specific emphasis on advantages and disadvantages of this type of investment. If you were thinking of investing in a mutual fund, read this article!

Fees and Expenses
Before you invest in a fund, you should investigate the fees and expenses that they may charge. Learn about loads, management fees, 12b-1 fees, and others. Discover how to use a fund's expense ratio and turnover ratio to find beneficial information before you invest.

Mutual Funds and Your Portfolio
How can you choose the best mutual funds? Here we explore selection techniques, including performance, fees, services, diversification, and manager evaluation. We also examine how to decide what role mutual funds should play in your overall portfolio.



Related Resources from InvestorGuide.com

Mutual Fund Research Tool
Use our research tool to find in-depth data about mutual fund quotes, news, data, and profile information. Click here to view our mutual fund list or enter a mutual fund ticker here:

   

Featured Sponsor


Give this definition a rating from 1 to 5 (5 being the best)...
1    2    3    4    5    


Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Add this Glossary to your Site | Bookmark InvestorWords.com
Home | Terms by Subject | Keyword Advertising | About Us | Contact Us
Work for InvestorWords.com
BusinessDictionary.com | InvestorGuide.com | WebFinanceInc.com
Disclaimer and Copyright©

Copyright©1997-2008 by WebFinance, Inc. All Rights Reserved.
Unauthorized duplication, in whole or in part, is strictly prohibited.