Mutual Fund Redemption Charges
Mutual Fund Redemption Charges
The commission charged by a mutual fund for redeeming shares. For example, a 2% redemption charge on the sale of shares valued at $1000 will result in payment of $980 (or 98% of the value) to the investor. This charge may decrease or be eliminated as shares are held for longer time periods. Also called a back-end load.For over 1,000 additional terms and definitions please see our Investment Glossary Guide.
Related to Mutual Fund Redemption Charges:
- Geographical Hedge Fund Guides
- Hedge Fund Employment Guide
- Financial Certification
- Investment Book
- Hedge Fund Terms and Definitions
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