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Glossary > 1 > "12B-1 Plan" Definition

12B-1 Plan

A no-load mutual fund that is allowed to use fund assets to pay for distribution costs rather than charging a 12b-1 fee. The 12b-1 fee is an annual percentage charge based on the current value of the investment.

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12B-1 Plan \ A no-load mutual fund that is allowed to use fund assets to pay for distribution costs rather than charging a 12b-1 fee. The 12b-1 fee is an annual percentage charge based on the current value of the investment.

12B-1 Plan / a no-load mutual fund that is allowed to use fund assets to pay for distribution costs rather than charging a 12b-1 fee. the 12b-1 fee is an annual percentage charge based on the current value of the investment.