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

10 Things
10 Things...on the regulatory agenda

The Securities and Exchange Commission has been accused of "over-regulation" in recent years as it has proposed and finalized dozens of rules in a relatively short ...