* * *
The minimum price at which a seller is willing to trade determines the negotiating breakpoint.
We offer a Class A purchase subject to an appropriate sales charge breakpoint: 4.75% at $10,000; 3.75% at $100,000; or 2.50% at $250,000.
For example, suppose that an investor plans to invest $95,000 in a front-end load mutual fund and faces a sales charge of 6.25%, or $6,125. If a breakpoint of $100,000 exists with a lower sales charge of 5.5%, the investor should be advised to invest an additional $5,000. If the investor can add another $5,000 to the investment, he or she would benefit from a lower breakpoint sales charge of $5,500, or a savings of $625 on this transaction.
Mutual funds are required to give a description of these breakpoints and the eligibility requirements in the fund prospectus. By reaching or surpassing a breakpoint, an investor will face a lower sales charge and save money. Any investor purchase of fund shares that occurs just below a breakpoint is considered unethical and in violation of NASD rules.
breakpoint instruction - команда останова
контрольная точка
~ instruction - команда останова
• 30-40, say, in a tennis game
• Chance for a win on the court
• Court situation
• Logical spot for an interruption
• Tense tennis situation
Точка зупинки
перерва
зупинка
точка перерви
вводити контрольні точки
n
вагова категорія