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What is a Short Term Redemption Fee?

redemption fee short term
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What is a Short Term Redemption Fee?

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A fee charged by the custodian ONLY for selling a fund within a short amount of time, typically 90 days. This fee will be disclosed to you within your account access on the custodian’s website on the Order Verification screen before the Order is Acknowledged and Placed. This is a way to discourage excessive trading of mutual funds.

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A fee charged by the custodian ONLY for selling a fund within a short amount of time, typically 90 days. This is a way to discourage excessive trading of mutual funds.

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