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12b-1 fees[1] are the biggest scam the mutual fund industry has going. [1] https://www.fool.com/investing/general/2010/10/15/why-we-oppose-12b-1-fees.aspx http
by elliekelly 7y ago
12b-1 fees[1] are the biggest scam the mutual fund industry has going.
[1] https://www.fool.com/investing/general/2010/10/15/why-we-oppose-12b-1-fees.aspx https://www.fool.com/investing/general/2010/10/15/why-we-opp...
- blaser-waffle 7y agoIs anything like that in Canada? My RRSP returns are not impressive despite shooting for low cost options, including popular Vanguard funds...
- elliekelly 7y agoYes, I don’t know the regulatory framework that allows it off the top of my head but they’re often called “trailer fees” in Canada. Look in the fund prospectus for disclosures relating “shareholder service fees” and “embedded commissions”. If you work with an advisor ask whether they (the advisor) receive compensation from any of the funds they recommend.