In the Margins

New American Funds share class designed to cut fees

October 24, 2016

By InvestmentNews

American Funds has filed with the Securities and Exchange Commission to create a stripped-down mutual fund share class. The new F3 shares will be free of commission, 12b-1 fees, as well as the sub-transfer agency fees that typically go to brokerage platforms. Read the original story from InvestmentNews.

 

 

Most Read

Viewpoints
Op-Ed: Whither valuation guidance?

The Securities and Exchange Commission should issue valuation guidance for investment companies. When I was chief counsel in the SEC's Division of Investment Management from 1997 ...