american funds breakpoints dealer concession
1y Perf. the reinvestment occurs within90 daysafter the date of the sale, the money is reinvested in the same type of account as the account from which it came. Please see the fund prospectus for more information. Select your role. For example, an investor who plans to buy $25,000 worth of shares in a particular mutual fund over the course of a year, but in 5 increments of $5,000 could sign a letter of intent pursuant to which the investor could obtain the breakpoint discount available on purchases of $25,000 on each $5,000 purchase. 12.46. You'll be familiar with this term if you're an insurance or securities salesperson, as your commission is often based on GDC. A 0.75% contingent deferred sales charge (CDSC) may be assessed if a redemption occurs within 18 months of purchase. Endowments or foundations established and controlled by the investor or immediate family member, CollegeAmerica accounts, which will be aggregated at the account owner level (except Class 529-E accounts, which may only be aggregated with an eligible employer plan). 3. Class A no load investor A shares no load - purchased with no sales charge at any investment amount. 4The following reallowance/placement fee to dealers will apply to most Multi-Asset Funds: 1.00% on $1,000,000 to $2,999,999, 0.50% on $3,000,000 to $14,999,999, 0.25% on $15,000,000 and above; BlackRock Balanced Capital / BlackRock Multi-Asset Income / BlackRock Dynamic High Income: 0.75% on $250,000 to $2,999,999, 0.50% on $3,000,000 to $14,999,999, 0.25% on $15,000,000 and above; BlackRock Tactical Opportunities: 0.75% on $1,000,000 to $2,999,999, 0.50% on $3,000,000 to $14,999,999, 0.25% on $15,000,000 and above; BlackRock Global Allocation: 1.00% on $250,000 to $2,999,999, 0.50% on $3,000,000 to $14,999,999, 0.25% on $15,000,000 and above; BlackRock Managed Income: 0.50% on $250,000 to $2,999,999, 0.25% on $3,000,000 to $14,999,999, 0.15% on $15,000,000 and above. Investor C shares automatically convert to Investor A shares approximately eight years after the date of purchase. NAV purchases at specified breakpoints on BlackRock fixed income funds may be subject to a CDSC if liquidated within 9 months of purchase as follows: Short-Term Municipal: 0.25%. Financial intermediaries may require their clients to meet different investment minimums. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Breakpoint discounts and eligibility requirements are located in the fund's prospectus and/or statement of additional information. Davidson & Co. ("DAD"), will receive all of the initial sales charge for purchases of Class A shares of the Fund without a dealer of record. Fixed income risks include interest-rate and credit risk. All rights reserved. Mutual Funds | FINRA.org Nationwide, the Nationwide N and Eagle, Nationwide is on your side, Nationwide Funds Group and Nationwide Retirement Institute are service marks of Nationwide Mutual Insurance Company. Purchased with varying initial sales charges, depending on the fund and investment amount, and provide up-front commissions and ongoing trails that begin immediately. Reducing Your Sales Charge. Have your client read it carefully. The dealer concession is reduced by 1.00% for rollover purchases, commensurate with the 1.00% sales charge reduction. The 0.25% annual trail will begin in the 13th month. Arbitration and mediation case participants and FINRA neutrals can view case information and submit documents through this Dispute Resolution Portal. 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. Contact your financial professional orcall usto establish a statement of intention. 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. You can combine simultaneous purchases (including purchases for gifts) of two or more American Funds of any share class, as well as holdings in CollegeAmerica and ABLEAmerica, as another way to reduce your Class A, 529-A and ABLE-A sales charges. Employer-sponsored retirement plans may not invest in I Class shares, except that plans invested in the I Class prior to April 10, 2017 may make additional purchases. 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. The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer. For retail accounts established directly at the fund company, the initial and subsequent minimums are different. If you currently have individual holdings in American Legacy accounts that were established on or before March 31, 2007, you can continue to combine purchases made under such contracts and policies to reduce your Class A sales charge. ALEF TRADE SP Z O O Company Profile - Dun & Bradstreet This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing. If a mutual fund offers breakpoint discounts, the breakpoint schedule will be listed in the fund's prospectus and statement of additional information. Firms often adjust the percentage of GDC paid to the salesperson as a way of rewarding total production. File a complaint about fraud or unfair practices. In cases where the Distributor acts as a dealer, it will not receive a placement fee on NAV purchases of Investor A shares. Investments Discuss the availability of breakpoint discounts with your clients prior to purchasing the mutual fund shares. Breakpoints/Volume Discounts and Sales Charge Waivers . Investments representing direct purchases of. Returns without sales charges would be lower if the sales charges were included.