MLchartDataset catalogue

Redemption Fee

Term · Finance and investing · MLC-T-FIN-000312

A shareholder fee that some mutual funds charge when investors redeem mutual fund shares (that is, sell shares back to the fund). A redemption fee, which is paid to the fund, is not the same as and may be in addition to a back-end sales load, which is typically used to compensate a broker.

Table 1. Record
IdentifierMLC-T-FIN-000312
FieldFinance and investing
ReferencesSEC Investor.gov Glossary
Record as JSON 
{
  "id": "MLC-T-FIN-000312",
  "term": "Redemption Fee",
  "field": "Finance and investing",
  "definition": "A shareholder fee that some mutual funds charge when investors redeem mutual fund shares (that is, sell shares back to the fund). A redemption fee, which is paid to the fund, is not the same as and may be in addition to a back-end sales load, which is typically used to compensate a broker.",
  "references": [
    "SEC Investor.gov Glossary"
  ],
  "url": "https://mlchart.com/terminology/finance/redemption-fee/"
}

Record 312 of 398 in Finance and investing terminology (MLC-0118). Request the full dataset.