But many of the fund sponsors substituted nearly equivalent 12b-1 fees and back-end loads.
FORBES: Fund Manager Knows Best
Do funds in your portfolio have front- or back-end loads or short-term trading fees?
FORBES: Rethinking Rebalancing
Fidelity had no back-end loads in 1992 but 37 funds with them today.
FORBES: Magazine Article
These ongoing expenses are generally coupled with declining back-end loads (exit fees) that ensure that the broker can be paid.
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