American funds F2 share classes
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[quote=B24]
Rebating is probably the technically incorrect term. Many B/D’s credit the 12b-1’s received in advisory accounts back to the client, since it was charged to the client via the MFD they own. In order to claim they don’t accept any fees from fund companies, they have to credit them back to the client.
I am guessing that you knew this already, and were just trying to be difficult. But just in case you didn't...[/quote]I don't do MF's and I don't do advisory accounts.
[quote=Blitzkrieg Bop] [quote=B24]
Rebating is probably the technically incorrect term. Many B/D's credit the 12b-1's received in advisory accounts back to the client, since it was charged to the client via the MFD they own. In order to claim they don't accept any fees from fund companies, they have to credit them back to the client.
I am guessing that you knew this already, and were just trying to be difficult. But just in case you didn't...[/quote]I don't can't do MF's and I don't can't do advisory accounts.
[/quote]
[quote=Sam Houston][quote=Blitzkrieg Bop] [quote=B24]
Rebating is probably the technically incorrect term. Many B/D's credit the 12b-1's received in advisory accounts back to the client, since it was charged to the client via the MFD they own. In order to claim they don't accept any fees from fund companies, they have to credit them back to the client.
I am guessing that you knew this already, and were just trying to be difficult. But just in case you didn't...[/quote]I don't can't won't do MF's and I don't can't won't do advisory accounts.
[/quote] [/quote]