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redemption fee

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15:39 Oct 21, 2009
English to Danish translations [PRO]
Bus/Financial - Investment / Securities
Additional field(s): Accounting, Finance (general)
English term or phrase: redemption fee
Definition from Rafferty Capital Markets, LLC:
A sales charge or commission paid when an individual sells an investment, such as a mutual fund or an annuity. Intended to discourage withdrawals.

Example sentence(s):
  • Unlike a back-end load, which profits the fund company, redemption fees go back into the fund itself and thus do not represent a net cost to shareholders. MiMi.hu
  • In order to process a short-term redemption fee, shares of mutual funds that carry such a fee must be tracked, or aged, beginning at the time of purchase. Then, at the time of sale, shares must be examined to determine if they are subject to a redemption fee. Variable Annuity Life Insurance Company
  • A redemption fee is another type of fee that some funds charge their shareholders when the shareholders redeem their shares. Although a redemption fee is deducted from redemption proceeds just like a deferred sales load, it is not considered to be a sales load. US Securities and Exchange Commission
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Summary of translations provided
4indløsningsfradrag
blemley


  

Translations offered


3 days 17 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
indløsningsfradrag


Definition from Morningstar:
Indløsningsfradraget er det gebyr, ejere af investeringsandele eller beviser skal betale foreningen for at få dem indfriet hos foreningerne.

Example sentence(s):
  • Emissionstillæg og indløsningsfradrag De viste emissionstillæg og indløsningsfradrag er de maksimale procentvise satser ved årsskiftet - Investeringsforeningsrådet  
blemley
Denmark
Local time: 15:32
Native speaker of: Native in DanishDanish, Native in EnglishEnglish
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