WebMFS Right of Accumulation (ROA) - Sales charges can be reduced or eliminated on purchases of Class A shares by aggregat ing the total dollar amount of your clients' investments with other existing investments or any linked accounts invested in MFS funds, based on the current maximum public offering price of the funds. WebMar 4, 2024 · The ROA reduces the sales charge to incremental new purchases, but not any prior transactions. An investor who had already purchased $20,000 of a mutual fund’s shares and purchases an additional $35,000 in the same fund would reach the $50,000 breakpoint and, thus, be entitled to 3.75 percent sales charge on this purchase, instead …
Regulatory Notice 21-07 FINRA.org
WebJul 12, 2024 · Some 529 plans provide investors with rights of accumulation, which let investors qualify for a breakpoint by combining all assets held by the investor and the investor’s immediate family, including investments in mutual funds and trusts outside the 529 plan that are managed by the same 529 plan manager. ... Rules for breakpoints and … Web“Rights of Accumulation” permit you to aggregate the value of your holdings with those of certain family members’ current holdings (or the amount of your and certain family members’ prior purchases in Class A, B, or C shares) in the same fund family to reach a breakpoint. target high 6th edition
NSBAX - Nuveen Dividend Growth Fund Class A Fidelity Investments
WebSales Charges & Breakpoints. Below you’ll find the sales charges and breakpoints for funds with Class A/A1 and Class C/C1 shares offered by Franklin Distributors, LLC. To learn more about sales charge waivers and/or discounts for Class A/A1 shares, click on the ‘Quantity Discounts’ tab above. Class A/A1. Value of Shares. WebApr 14, 2024 · Breakpoint, for load mutual funds, is the dollar amount for the purchase of the fund's shares that qualifies the investor for a reduced sales charge . Breakpoints … WebDec 23, 2002 · A right of accumulation ("ROA") is the discount or breakpoint received in a current mutual fund transaction based on the cumulative value of previous transactions. In the case of either LOIs or ROAs, the other purchase transactions that are credited towards the discount may occur in accounts that are related or linked to the investor and in ... target hicksville crime stopper