Deferred Sales Charges (DSC) Is Just Another Hidden Cost Built Into Mutual Funds
If you see the letters ‘DSC’ next to a mutual fund that you own, you can rest assured that you are getting hosed…’DSC’ refers to Deferred Sales Charges — fees that an investor has to pay over and above the mutual fund’s management fee. A deferred sales charge is a “penalty” that the investor has to pay if and when the investor decides to withdraw his/her money.
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Categories: Mutual Funds