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How should I adjust my settings to redemption fees of mutual funds (a fee applied only when selling shares)?

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How should I adjust my settings to redemption fees of mutual funds (a fee applied only when selling shares)?

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If you set the brokerage fee to 1%, then 1% is charged at every trading occasion. Some funds do not charge an initial fee when buying fund shares, but only charge their shareholders when they sell shares (redemption fee). If that is the case then set the brokerage fee to half the redemption fee, because the redemption fee is only drawn at every second trading occasion. So if your redemption fee is 1%, then set the brokerage fee to 0.5%.

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