With Class B holdings, your mother would face a redemption charge of up to 4.5 percent if she sold, with the level of the charge depending on how long she has held the positions.
12.
With Class B holdings, your mother would face a redemption charge of up to 4 . 5 percent if she sold, with the level of the charge depending on how long she has held the positions.
13.
Here the investor typically pays no upfront charge, or only a small one, and possibly a small redemption charge in the first year or so, but these shares also charge the maximum 1 percent 12b-1 fee that the SEC allows.
14.
Vanguard discourages short-term trading in them ( because it can lead to greater turnover, as managers sell stocks to reimburse shareholders ) by slapping a 2 percent redemption charge on shares sold within one year of purchase and 1 percent on shares sold within five years.
