Avoid 12b-1 Mutual Fund Fees

                       

The 12b-1 mutual fund fees are still around. These were originally permitted by the SEC to allow mutual funds to market their product to new investors, so are actually a sales load that adds up over the years. Fortunately, most funds no longer use them. They  were also used to pay fees for the distribution of funds by brokers. But they sometimes persist, even when brokers are not involved.

                       

My suggestion: Avoid any mutual funds that charge them. Those fees become significant deductions from your accumulated holding values over the years. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)