Tag: BF
-
Bf
Abbreviation of bonumfactum, i.e., good or proper act or deed; used as the equivalent of approved or OK when indorsed on a document….
-
12B-1 Funds
Mutual funds that do not charge an upfront or back-end commission, but instead take out up to 1.25% of average daily fund assets each year to cover the costs of selling and marketing shares, an arrangement allowed by the SEC’s Rule 12b-I (passed in 1980)….
-
12B-1 Fees
The percent of a mutual fund’s assets used to defray marketing and distribution expenses. The amount of the fee is stated in the fund’s prospectus. The SEC has recently proposed that 12B-1 fees in excess of 0.25% be classed as a load. A true no load fund has neither a […]
-
B. F.
Bonum factum, a good deed. A form of approval among the civilians. …