What is a typical 12b-1 fee charge?
Excuse me, could you elaborate on the concept of a 12b-1 fee charge? I'm interested in understanding what it typically represents and how it is calculated within the context of investment funds. Is this fee a mandatory charge for all types of funds, or are there exceptions? Additionally, how does this fee impact the overall return on investment for investors? I'd appreciate any insights you can provide on this matter.