Redemption fees

 

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Redemption fees

Fees imposed by a mutual fund on shareholders who dispose of shares within a relatively short period after purchase.



Similar Matches

Redemption

Redemption

The process of canceling a defeasable title to land, such as is created by a mortgage foreclosure or tax sale.


Preferred equity redemption stock (PERC)

Preferred equity redemption stock (PERC)

Preferred stock that converts automatically into equity at a stated date. A limit is placed on the value of the shares the investor receives.


Redemption

Redemption

This is the right of the mortgagor to recover mortgaged property on repayment of the loan and any interest due. This legally means that once you as the borrower have finished repaying the mortgage you took out, the property is yours and the lender has no further claim on it. If you pay of the mortgage ahead of schedule you may face a redemption penalty which compensates the lender for loss of interest.


Overhanging redemption penalty

Overhanging redemption penalty

An early redemption charge that lasts beyond the benefit period is referred to as an extended or overhanging redemption penalty. These should be avoided where possible. 


Extended redemption penalty

Extended redemption penalty

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.


Further Suggestions

Redemption penalties
right of redemption
Redemption charge
gross redemption yield
Redemption penalty overhang
Redemption Period
Redemption
Redemption cushion
Serial redemption
Mandatory redemption schedule
Redemption date
Redemption fee
redemption price
Redemption price
Right of redemption
redemption yield
redemption date
redemption
Redemption statement


 
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