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Wat is the percenatge commision a distirbutor of a mutual fund gets from the asset management co. in usa? |
Wat is the percenatge commision a distirbutor of a mutual fund gets from the asset management co. in usa? Every contract has its own commission schedule. The same management company may be paying different rates to different distributors (or even to the same distributor, depending on the size of the purchase). The maximums are specified in the fund's prospectus. Look for the information on front loads and 12b1 fees in the prospectus. Or, on a Yahoo! Finance fund profile page. For example, Pioneer Cullen Value Fund has a maximum front load of 5.75% and a maximum 12b1 fee of 0.25%. It's not a whole, and it depends on the mutual fund company...I used to be a financial rep, and we didnt depend on mutual funds for comissions....usually its just 1-3% |
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To become a manager you must do some research, ask other manager what they had to do to get the job, find out the job qualifications, make sure you have everything you need before you apply for the... Get an MBA or MS in Finance and then get a job as an equity analyst. Work your way up or over from there. Good luck. ...That information is readily published by all mutual funds. If you go to their web site and look up the fund you are interested in the information will be posted. It is however only updated quarte... You really need to visit ... Any brokerage firm that deals with hedge funds can offer this. Typically, these would be your heavy hitters such as Merrill Lynch or Goldman Sachs. One can only invest in hedge funds if one fit... They are still there (www.rbc.com). The management structure has changed, now called RBC Rauscher Dain. ...The first thing you should know is that most management fund managers do not do as well as the market averages. There are plenty who will accept you. I recommend you put it in a no load index fu... 20%?!?!?! ... |
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