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A non-12b-1 service fee is a charge applied by financial firms that is not related to the 12b-1 fees typically associated with mutual funds, which are used to cover marketing and distribution costs. Instead, these fees may cover other services, such as account maintenance or advisory services, and can be assessed as a flat fee or a percentage of assets under management. Unlike 12b-1 fees, which are ongoing and tied to fund performance, non-12b-1 service fees may vary based on the specific services provided. It's important for investors to understand these fees, as they can impact overall investment returns.

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1mo ago

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What is the difference between a utility deposit in the service initiation fee?

A utility deposit is a sum of money that customers pay upfront to secure utility services, acting as a safeguard for the utility company against potential non-payment. This deposit is typically refundable after a certain period of consistent payment history. In contrast, a service initiation fee is a one-time charge for setting up utility services, covering administrative costs, and is usually non-refundable. Essentially, the deposit is a security measure, while the initiation fee is a cost associated with starting the service.


What is the difference between a utility deposit and a service imitation fee?

A utility deposit is a sum of money that customers pay upfront to secure utility services, often refundable after a certain period or upon cancellation of service, typically used to protect the utility company against non-payment. In contrast, a service initiation fee is a one-time charge for setting up new services, covering administrative costs and the installation of necessary equipment. While both fees relate to starting utility services, the deposit is more about financial security, while the initiation fee focuses on service setup costs.


What is a service industry or business?

it is an action that is completed by someone for a fee


Examples of non-service businesses and service businesses.?

A non-service business is a business that makes products like Coleman Sporting Goods. A service business sells services like a cleaning company sells services and not a product.


What contract type cannot be used when purchasing a commercial item or service?

Cost plus fixed fee

Related Questions

Are there any credit counseling services that are non-profit?

ConsumerCreditCounsling is a non profit credit counseling service. They do charge a nominal fee for their services.


What will happen to the service initiation fee you paid for gas service?

The service initiation fee you paid for gas service is typically a non-refundable charge that covers the costs associated with setting up your account and activating service. If you decide to cancel your service, this fee will generally not be refunded. However, if there are any specific terms outlined in your service agreement or local regulations, those may provide additional context on the fee's treatment. Always check with your gas service provider for details regarding their policies.


What is the reorganization fee for this service?

The reorganization fee for this service is 50.


What is the month to month fee for this service?

The monthly fee for this service is 20.


What is the mandatory reorganization fee for this service?

The mandatory reorganization fee for this service is 50.


What is the fee note for this service?

The fee note for this service outlines the charges and costs associated with using the service.


Is the delivery fee included as the tip for the service?

No, the delivery fee is not included as the tip for the service.


What is a fee for service system?

You pay for the service you get.


Is a debt a type of fee?

Only in this context - someone performs a service for you, a service which requires a fee. This fee is now a debt you owe that person.


In Florida a doctor is charging a service fee until amount is paid in full while I am making payments and they say they will charge a service fee on a service fee but can they?

If the service fee functions as interest on your delayed payment, yes. The fee can be charged against the total outstanding balance, even if some of that balance is finance charges.


Looking for no fee dvr service?

there is no such thing as no fee dvr service all dvr services have fees


A fee paid for a service?

a fee paid is a ---> toll