Mutual fund units that charge their shareholders a fee to reimburse those who provide information to the public and deal with investors' enquiries. The fee is also used to settle expenses incurred by individuals who respond to investors' enquiries.
Related information about service shares:
- Service Shares Definition | Investopedia
Mutual fund units that charge service fees to their shareholders. The purpose of these fees is to compensate individuals who answer investor inquiries and ...
- Service Shares: Definition from Answers.com
Service Shares Mutual fund units that charge service fees to their shareholders. The purpose of these fees is to compensate individuals who answer.
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Definition of service shares: Mutual fund units that charge their shareholders a fee to reimburse those who provide information to the public and deal with ...
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Jul 27, 2012 ... contractually agreed to waive and/or reimburse fees and/or expenses in order to limit Service Shares Total Annual Fund Operating Expenses ...