Redemption fee

 

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Redemption fee

A fee some mutual funds charge when an investor sells shares within a specified short period of time.



Redemption fee

Similar Matches

Redemption penalty overhang

Redemption penalty overhang

This is where the redemption penalty continues beyond a fixed or capped rate period, effectively tying you in to the much higher variable rate for a period of time after the fixed or capped period. As a result you get stuck paying an uncompetitive rate that eats into the gains you may have made from having the fixed rate or capped ratein the first place.


Redemption Period

Redemption Period

A time period during which a mortgage, landcontract, deed of trust, etc., can be redeemed. Usually set by statute, and after judicial foreclosure.


Redemption price

Redemption price

The price at which a bond or preferred stock can be redeemed by the issuer.


Redemption penalties

Redemption penalties

Charges paid to the lender in compensation for lost interest if you redeem your mortgage ahead of schedule. During a discount period you will be severely penalised if you try to switch to another product or mortgage provider. Penalties can be stepped just like discounts, and can be particularly severe within the first year. This is to ensure that the costs that the lender endures in setting up the mortgage are always covered. Penalties can be a fixed sum of money, though are often proportion of the loan. With cashback mortgages, you often have to repay the amount of money you received as cashback.


Redemption charge

Redemption charge

The commission a mutual fund charges an investor who is redeeming shares. For example, a 2% redemption charge (also called a back end load) on the sale of shares valued at $1000 will result in payment of $980 (or 98% of the value) to the investor. This charge may decline or be eliminated as shares are held for longer time periods.


Further Suggestions

Serial redemption
redemption yield
Preferred equity redemption stock (PERC)
Redemption cushion
redemption date
Redemption statement
Mandatory redemption schedule
Redemption
Redemption
Redemption date
Redemption price
redemption fees
redemption
right of redemption
Redemption
gross redemption yield
Right of redemption
Overhanging redemption penalty
Extended redemption penalty


 
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