at typical 12b-1 fund growth rates for a fund to be able to achieve sufficient scale economies to offset 12b-1 fees. Finally, there is no evidence that funds with 12b-1 plans have lower deposit and redemption flow volatility, lower cash balances or higher returns. In all, the evidence demonstrates that 12b-1 plans are successful at attaining faster

Rule 12b-1 prohibits mutual funds from engaging, directly or indirectly, in the financing of any activity which is primarily intended to result in the sale of fund shares except pursuant to a 12b-1 plan. 8 As noted in the 12b-1 Adopting Release, this prohibition applies not only to payments that are clearly identified as distribution fees, but also

1. Enhanced Descriptors and Disclosures of 12b-1 Fees. 12b-1 fees are utilized to pay for a variety of expenses, from servicing of shareholder accounts to compensation for broker-dealer firms. We urge the Commission to examine the appropriateness of each expense paid by 12b-1 fees, and to require full

2007年6月19日 · When it adopted Rule 12b-1, the Commission anticipated that the rule would serve a limited purpose: to permit funds to subsidize marketing expenses or to help them contend with temporary problems of net redemptions. Today, however, Rule 12b-1 is an integral part of most mutual fund distribution arrangements. How are 12b-1 plans used today ...

2010年7月21日 · "Our proposals would replace rule 12b-1 with new rules designed to enhance clarity, fairness and competition when investors buy mutual funds." The SEC's proposal would: Protect investors by limiting fund sales charges. Improve transparency of fees for investors. Encourage retail price competition. Revise fund director oversight duties.

2015年3月20日 · Exhibit (m) Rule 12b-1 Plan . SIT MUTUAL FUNDS, INC. DISTRIBUTION PLAN (Rule 12b-1 Plan) This Distribution Plan (the “Plan”) is adopted pursuant to Rule 12b-1 under the Investment Company Act of 1940, as amended (the “Act”), by Sit Mutual Funds, Inc. a Minnesota corporation and the issuer of the series of shares of common stock representing the open-end …

The Questionnaire for Self-Reporting Advisers and Attachment linked to the Announcement require the adviser to provide specific data concerning the 12b-1 fees the investment adviser received, either directly or indirectly, including the amount of 12b-1 fees in excess of the lowest-cost share class available and the amount of ill-gotten gains ...

2004年7月9日 · Fund brokerage is an asset of the fund, and its use to pay for distribution expenses implicates rule 12b-1, which regulates the use of fund assets to pay selling brokers or otherwise finance the sale of fund shares.8 Rule 12b-1 permits funds to use their assets to pay distribution-related costs, subject to certain conditions designed to address ...

Investors who did not pay improperly disclosed 12b-1 Fees and/or Markups to Defendants in connection with investment advisory or brokerage services during the Relevant Period are ineligible to recover under this Plan. For more information, please contact the Distribution Agent: Epiq Class Action & Claims Solutions, Inc.

A. This amended and restated Plan has been approved by the Board of Trustees of the Trust in accordance with Rule 12b-1(b)(2) of the 1940 Act. B. This Plan originally became effective on May 26, 2010, was amended on April 1, 2011, and is hereby …