Series 26: Contingent Deferred Sales Charge

Taken from our Series 26 - Investment Company Products/Variable Contract Limited Principal Exam

Definition of the term Contingent Deferred Sales Charge...

a back-end sales charge for a mutual fund’s B-shares, paid when the shares are sold and that declines toward zero the longer the shares are held.

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Solomon Exam Prep Study Materials for the Series 26
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