[SIE] 29, Mutual Fund Expenses and Disclosure

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and CFP designation. He is passionate about opening up information to help everyone prepare better for financial certification exams. This episode covers content for the SIE Exam. In this episode you will learn: - The key differences between Class A, B, and C mutual fund shares and their associated sales charges. - How 12b-1 fees are used for marketing and distribution and vary across different share classes. - The specific components of a mutual fund's expense ratio and the critical fees that are excluded from it. - The regulatory requirement for delivering a prospectus to investors at or before the point of sale. - The purpose of the Statement of Additional Information (SAI) and how its delivery rules differ from the prospectus. For more resources visit https://open-exam-prep.com/ and connect on LinkedIn at https://linkedin.com/in/chenran818