Breakpoint discounts and eligibility requirements are located in the fund's prospectus and/or statement of additional information. Reducing Sales Charges on Class A, 529-A & ABLE-A, Sales charges and breakpoints for Class A shares, Sales charges and breakpoints for Class 529-A and ABLE-A shares, American Funds U.S. Government Money Market Fund, Sign up for paperless delivery of documents. Breakpoint Schedule - Thornburg Investment Management 3. American Century Investments may permit an intermediary to waive the initial minimum per shareholder as provided in Buying and Selling Fund Shares in the statement of additional information. The amount eligible for this "Reinstatement Privilege" may not exceed the amount of your redemption proceeds and is only allowed once per year.See the funds' prospectuses for more information. Align your investment choices with your personal values. Record this information in each client's file so it can be applied to future purchases of a particular fund, which might result in additional breakpoint discounts. Nationwide Life Insurance Company, Nationwide Life and Annuity Company, Nationwide Investment Services Corporation and Nationwide Fund Distributors are separate but affiliated companies. The 12b-1 fees can be used to pay for advertising, for sales literature and can be used to compensate broker . Discuss with your clients whether breakpoint discounts are available before they buy mutual fund shares. Arbitration and mediation case participants and FINRA neutrals can view case information and submit documents through this Dispute Resolution Portal. Does not include Nationwide Loomis Core Bond Fund and Nationwide Loomis Short Term Bond Fund. The Fund will generally remain fully invested, and under normal market conditions, the Fund's portfolio will consist of approximately 30 to 80 companies. This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice. NASD directed all firms that processed more than a minimal amount of mutual fund transactions using an automated process to conduct a self-assessment of their mutual fund transactions in 2001 and 2002 and the sales discounts provided, and to submit the results to NASD. For purchases of $500,000 or more, a 1% Contingent Deferred Sales Charge (CDSC) may apply for the first year. 4. Frequently Asked Questions about Breakpoints | FINRA.org * Intended for individuals who manage their workplace retirement plans or other benefits through Fidelity. These risks may be heightened for investments in emerging markets. Equity Funds 1 Fixed Income Schedule I 3 Fixed Income Schedule II 4 Other Fees & Charges - Equity and Fixed Income Description and Amount 12b-1 fee 6 : 0.25% However, there is a CDSC (contingent deferred sales charge) of up to 1.00% of the offering price or the NAV of the shares on the redemption date (whichever is less) for shares redeemed within 18 months of purchase. American Funds vs. The Vanguard Group: What's the Difference? Derivatives entail risks relating to liquidity, leverage and credit that may reduce returns and increase volatility. 6. Investor A SharesPurchased with varying initial sales charges, depending on the fund and investment amount, and provide up-front commissions and ongoing trails that begin immediately. PDF SALES CHARGES AND COMMISSION SCHEDULE* - Lord Abbett 84% of retail investor accounts lose money when trading CFDs with this provider. No sales charge or other charges apply in connection with this automatic conversion policy, and conversions are free from U.S. federal income tax. Understanding Sales Charges | AB Special statement of intention rules apply to shareholders investing by payroll deduction. Remove the guesswork from choosing investments. Please refer to your prospectus for additional information on reduced or waived sales charges. Aquila Opportunity Growth Fund - Aquila Group of Funds Refer to Statement of Additional Information for a list of retirement plan types. It also includes trust programs and trust services offered by Nationwide Trust Company, FSB. They are Mutual Fund Breakpoints: A Break Worth Taking and Understanding Mutual Fund Classes. You may also qualify for a complete waiver of the sales charge on Investor A shares or of the contingent deferred sales charge on Investor C shares under certain circumstances. Contact your financial professional orcall usto establish a statement of intention. Clients can be anxious, have productive conversations. *Excludes American Funds Preservation Portfolio, American Funds Tax-Exempt Preservation Portfolio and American Funds Tax-Aware Conservative Growth and Income Portfolio. OGC staff contact:Joe Savage A money market fund is not designed to offer capital appreciation. Please see the funds' prospectuses for more information. Securities and investment advisory services offered by Transamerica Financial Advisors, Inc., a broker-dealer, member of FINRA, SIPC and a Registered Investment Adviser. Sales Charges & Breakpoints | Fidelity Institutional For retail accounts established directly at the fund company, the initial and subsequent minimums are different. To assist the financial industry in fulfilling its obligation to provide all available breakpoint discounts on sales of front end load mutual funds, the Joint NASD/Industry Task Force recommended that broker-dealers provide investors with a Written Disclosure Statement, explaining the availability of breakpoint discounts, at the time of purchase or on a periodic basis. FINRA IS A REGISTERED TRADEMARK OF THE FINANCIAL INDUSTRY REGULATORY AUTHORITY, INC. FINRA Provides Guidance on Common Sales Charge Discounts and Waivers for Investment Company Products, NASD Reminds Members of Their Duty to Ensure Proper Application of Discounts in Sales Charges to Sales of Unit Investment Trusts (UITs), Refunds to Customers Who Did Not Receive Appropriate Breakpoint Discounts in Connection with the Purchase of Class A Shares of Front-End Load Mutual Funds and the Capital Treatment of Refund Liability, NASD Requires Immediate Member Firm Action Regarding Mutual Fund Purchases and Breakpoint Schedules, SEC Approves Rule Change Relating To Mutual Fund Breakpoint Sales. Funds listed under the "Domestic Equity" category have a majority of their assets invested in U.S. issuers, but may also invest in non-U.S. issuers. 6. All rights reserved. If the fund makes short sales in securities that increase in value, the fund will lose value. Investing for short periods makes losses more likely. Prices and returns | American Funds - Capital Group May be lower on funds that have set a lower breakpoint for purchasing Investor A shares without a front-end sales charge. The initial sales charge can be reduced or eliminated through one or a combination of the following: a Letter of Intent, the Right of Accumulation or the reinstatement privilege.9 A contingent deferred sales charge of 1.00% is assessed on certain withdrawals of investments in Class A Units made within 18 months after purchase where no initial sales charge was paid at time of purchase as part of an investment of $1,000,000 or more. Since FINRA recognizes that every firm has a unique business model, firm element training methods and content may vary. When you purchase Class A, 529-A and ABLE-A shares, your sales charge is based on the total value of all the accounts that you, your spouse or equivalent (if recognized by law) and children under 21 have with American Funds. Please review the beginning of the Advisor Fund prospectus and/or 529 Plan Offering Statement. Investor C SharesPurchased with no initial sales charge to your clients but have higher ongoing fees. Purchased with varying initial sales charges, depending on the fund and investment amount, and provide up-front commissions and ongoing trails that begin immediately. 4.50%. In addition to the underwriter concession retained by the Distributor, the Distributor retains the entire initial sales charge on accounts with no authorized dealer of record. About Fund costs - Putnam Investments 1y Perf. Do Not Sell My Personal Information, Learn more about offering Nationwide mutual funds. You can reinvest proceeds from a redemption, dividend payment or capital gain distribution back into the same account from which the proceeds came without a sales charge, provided the reinvestment occurs within90 daysafter the date of the transaction. Broker-dealer commissions include the following: Nationwide Loomis Core Bond Fund and Nationwide Loomis Short Term Bond Fund Class C sharesup-front payouts, trails and CDSC. Lower breakpoints expected to save over $20 million for investors in first year. File a complaint about fraud or unfair practices. To learn more about FINRA breakpoints initiatives, please see our Mutual Fund Breakpoints Web page. Fidelity does not provide legal or tax advice. If you do not complete your statement of intention during the 13-month period, an additional sales charge will be due on the investment(s) made under the agreement. Individual investors were turned away, and those who bought American funds through an intermediary often paid front-end sales charges of up to 5.75%. If you are making a gift of shares, you can purchase the shares at the sales charge discount allowed under the rights of accumulation of all your American Funds accounts. PDF CLASS A SHARES - Lord Abbett MFS FUND DISTRIBUTORS, INC., BOSTON, MA MFSB_PRICE . Investor C shares automatically convert to Investor A shares approximately eight years after the date of purchase.