Redemption Fee
What is it? To promote long-term investing and keep out quick-trading market timers, some mutual funds impose a redemption fee if you decide to sell shares less than a year or so after your initial investment. Redemption fees typically range between 1% and 2%.Added By: Julian
The Redemption Fee definition has been viewed 1043 Time(s)!
Send To Friends!
If you'd like to send the Redemption Fee definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Redemption Fee. If you need any more information on this term, please don't hesitate to contact us.