Redemption charge - The commission charged by a mutual fund when redeeming shares. For example, a 2% redemption charge (also called a back end load) on the sale of shares valued at $1000 will result in payment of $980 (or 98% of the value) to the investor. This charge may decrease or be eliminated as shares are held for longer time periods.
Redemption charge : the commission charged by a mutual fund when redeeming shares. for example, a 2% redemption charge (also called a back end load) on the sale of shares valued at $1000 will result in payment of $980 (or 98% of the value) to the investor. this charge may decrease or be eliminated as shares are held for longer time periods.
Redemption charge